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, { ( <br />R <br />limited to, applicable portions of salaries, travel, per diem, leave of <br />employees and legal expenaes, overhead and general expenae allocable to <br />inspection and approval of work performed by the District, the examination <br />and approval of title to landa or interests in landa, and the inspection and <br />auditing of accounts and records of the Dis[rict relating to such work. All <br />costs incurred by the United States shall be held to the minimum amount deemed <br />necessary by the Contracting Officer for protection of the interests of the <br />United States. After the execution of this contract and until completion of <br />the work hereunder, the United States shall furnish to the District quarterly <br />reports of all such costa incurred. <br />COST REAUCTIONS <br />9. (a) All costs incurred by the District in the performance of work <br />under this contract shall be held to the minimum amount necessary to complete <br />the approved Proposal in accordance with sound engineering, construction, and <br />business practices. As a meana of encouraging such objectives, certain cost <br />incentives are herein provided by this article. Each cost reduction action <br />taken by the District which results in the actual Pro�ect cost being less than <br />the estimated Project cost of $16,137,000, as shown in the approved Proposal, <br />is subject to the provisions of this ariicle; Provided, That the following <br />conditions are met: <br />(1) The District notifies the Contracting Officer, in writing, <br />of the proposed cost reduction action prior to its implementation. Said <br />notification shall include (a) a description of the proposed action, and (b) an <br />itemized and detailed estimate of the anticipated cost savings. <br />13 <br />