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PROJECT to the CWCB staff,or,if required by §37-87-105,C.R.S.,the Brrower shall provide the <br /> as-built drawings to the State Engineer's Office for approval and filing. <br /> K. Upon completion of the Project construction,the Borrower shall arrange final inspection for the <br /> CWCB staff. <br /> L. The Borrower shall pay all of the expenses related to the Project when su h bills are due. <br /> Section 9—Eligible Expenses <br /> The Borrower shall initiate disbursement requests by invoice to CWCB, in a fo and manner approved <br /> by CWCB. The following items are eligible for loan disbursements: <br /> A. Engineering associated with the feasibility report prepared as a requirement for this loan. <br /> B. Preparing final designs and specifications for the Project. <br /> C. Preparing bid and construction contract documents. <br /> D. Preparing environmental assessment or environmental impact stat:ments, and otherwise <br /> complying with the Federal National Environmental Policy Act. <br /> E. Complying with all federal, state,and local regulatory requirements,inclu.ing the obtaining of all <br /> required permits. <br /> F. Fish and wildlife mitigation measures required by fe ral, state,or local 1.ws and regulations. <br /> G. Actual construction as called for in the design doc ents and in change orders approved by the <br /> CWCB and the Borrower. <br /> H. Engineering services for construction managem nt, including design and construction <br /> management for CWCB approved change orders. <br /> I. Interest during completion of the Project pursuant to Section 10., of the C o ntract. <br /> J. Legal services for reviewing engineering services contracts, reviewing 's Contract, reviewing <br /> construction contract documents, and for complying with all federal, sta e, and local regulatory <br /> requirements. <br /> K. Project related expenses incurred prior to the Effective Date of this Cont act in accordance with <br /> the approval of this loan. <br /> Section 10—Disbursement Schedule <br /> For project expenses: The Borrower shall prepare periodic progress eport that sets forth a <br /> statement of the Project costs expended for that peri d and shall forwari said statement to the <br /> CWCB.After receipt of the periodic progress report fr m the Borrower,an• review and acceptance <br /> of the items therein as eligible expenses,as described a ove,the CWCB wi I 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 if each progress report. <br /> Section 11 —Time for Performance <br /> Project To Begin:Upon Effective Date of this Contract(the date this Contra,t is signed by the State <br /> Controller or his designee). <br /> Project To End: Five (5)years from the Effective Date of this Contract <br /> or upon the date stated within the CWCB Notice of Proj et Substantial Com s letion. <br /> Page 3 of 3 <br /> Contract Number:2019-2099 <br /> Appendix 1 <br />