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<br />, <br /> <br />. <br /> <br />($45,000). Said Forty-Five Thousand Dollars ($45,000) shall be <br />made available to the Contractor in accordance with the <br />following terms and conditions: <br /> <br />a. commencing ten (10) days from the date of this <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.l. above, a statement of the -funds <br />required for project construction during that month and <br />shall forward said statement 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 approval of such estimate, pay over to <br />the contractor the amount of the monthly estimate or <br />such 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.l 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) <br />the <br /> <br />Preparing <br />project. <br /> <br />final designs and specifications for <br /> <br />(2) Preparing bid and construction contract <br />documents. <br /> <br />(3) Preparing environmental assessment or <br /> <br />Page ~ of lQ Pages <br />