Gilcrest WC Project Contract

• Project Type: Ag/Muni Grant
• Contract/PO #: C153613
• Applicant: Town of Gilcrest
• Project Name: Water Conservation Project
• Title: Contract
• Date: 6/16/1992
• County: Weld
• Water Conservation - Doc Type: Contract

---...'

.

EXHIDIT A

3. Bud..'

REVENUE

EXPENDITURES

Grant Fund

$16,600.00

Town of Gilcrest

S16,&XJ.IXl

TOTAL $16.600.00

mrAL S16E/XJ.IXl

4. Proiect Pundinl!': Schedule

a. GRANr Agreement:

I.

$1,400,00

Initial grant payment to be made within thirty (30) days of the
date of execution of this contract by the State Controller or
his designee.

11,

$13,540.00

In two (2) interim payments, in the amounts of $5,075 and
$8,465 reimbursing the Contractor for actual expenditures
made in the performance of this Contract. Payments will be
based upon properly documented financial and narrative status
reports detailing expenditures made to date, The two interim
payments will be distributed by May 1, 1993 and June I, 1993.

111.

$1,660.00

Final payment to be made only upon acceptance of Project
completion. The Contractor will submit a final financial
statement documenting the expenditure of all Grant Cunds for
which payment has been requested and a final narrative report
on the Project implementation and findings.

TOTAL

$16,600.00

All requests fot' payment after the first payment will be initiated by the Contractor in accordance with the provisions in
Paragraph 6 of the main body of this Contract.

5. Contract Monitorine:

The Department of Natural Resources, Colorado Water ConselVation Board, will monitor the Project on an as-
needed basis.

6. Reoortinl!: Schedule

The Contractor will submit financial and narrative status reportS detailing Project progress and properly
documenting all to-date expenditures of Grant funds at the time each payment request is made, in accordance with
the payment schedule.

Pnge 2 of 2 Pages