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Section 10—Disbursement Schedule <br /> For project expenses: The Borrower shall prepare a periodic progress report that sets forth a <br /> statement of the Project costs expended for that period and shall forward said statement to the <br /> CWCB.After receipt of the periodic progress report from the Borrower,and review and acceptance <br /> of the items therein as eligible expenses,as described above,the CWCB will pay to the BORROWER <br /> the amount set forth in the report or such portion as has been approved by the CWCB. Such <br /> payment shall be made within thirty(30)days from the CWCB's approval of each progress report. <br /> Section 11 —Time for Performance <br /> Project To Begin:Upon Effective Date of this Contract(the date this Contract is signed by the State <br /> Controller or his designee). <br /> Project To End: Three(3)years from the Effective Date of this Contract <br /> or upon the date stated within the CWCB Notice of Project Substantial Completion. <br /> [THE REST OF THIS PAGE INTENTIONALLY LEFT BLANK] <br /> Page 4 of 4 <br /> Contract Number:2019-2253 <br /> Appendix 1 <br />