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<br />.. <br /> <br />\ <br />\ <br />I <br />I <br /> <br />D. The State agrees that it shall: <br /> <br />1. Loan to the Contractor for the construction of the <br />project an amount not to exceed One Hundred Sixty-Five Thousand <br />f'ive Hundred }o'orty-Nine Dollars and Forty-Five Cents <br />($165.549.45). Said One Hundred Sixty-F'ive Thousand l"ive <br />Hundred FortY-Nine Dollars and Forty-~ive Cents ($165.549.45) <br />shall be made available to the Contractor in accordance with <br />the following terms and conditions: <br /> <br />a. Commencing ten (10) days from the date of this I <br />contract and for every month thereafter until said <br />project has been completed. the Contractor shall <br />prepare. with the assistance of the Consultant referred <br />to in paragraph B.2. above. an estimate of the funds <br />required for project construction during that month and <br />shall forward said estimate to the State not less than <br />fifteen (15) days prior to the beginning of such month. <br /> <br />b. Upon receipt and approval by the State of such <br />monthly estimate. the State will, within forty (40) <br />days from the receipt of such estimate. pay over to the <br />Contractor the amount of the monthly estimate or such <br />portion thereof as has been approved by the State. <br /> <br />c. No payments will be made under this contract unless <br />and until the project plans and specifications referred <br />to in paragraph B.2. above are approved by the State in <br />writing. <br /> <br />d. Project construction costs eligible for payment by <br />the State shall be limited to the cost of: <br /> <br />(1) Preparing final designs and spec~fications for <br />the project. <br /> <br />(2) Preparing bid and construction contract <br />documents. <br /> <br />(3) Preparing environmental assessment or <br />environmental impact statements. and otherwise <br />complying with the federal National Environmental <br />Policy Act. <br /> <br />(4) Complying with all federal. State. and local <br />regulatory requirements, including the Obtaining of <br />all required permits. <br /> <br />(5) Land and water rights acquisitions neeaed for <br />the project. including the necessary appraisals and <br />evaluations. <br /> <br />(6) Fish and wildlife mitigation measures required <br />by federal. State. or local laws and regulations. <br /> <br />(7) Actual construction as called for in the bid <br />documents and in Change Orders approved by the <br />Consultant, the Contractor, the construction Firm. <br />and the State. <br /> <br />(8) Engineering services for construction <br />management. including design and construction <br />management for State-approved Change Orders. <br /> <br />(9) Legal services for: <br /> <br />(a) Reviewing engineering services contracts. <br /> <br />Page ~ of 5 pages <br />