Laserfiche WebLink
<br />. <br /> <br />.,. <br /> <br />A, The BORROWER agrees as follows: <br /> <br />1, Construction Fund Program Procedures. The following items are procedures the <br />BORROWER shall follow during the construction phase of the PROJECT. <br /> <br />a. The BORROWER shall employ an engineer, registered in the State of Colorado, hereinafter <br />referred to as the CONSULTANT, to prepare plans and specifications for the PROJECT. <br /> <br />b. The agreement between the BORROWER and the CONSULTANT and the plans and <br />specifications must be submitted to the eWCB staff for verification of compliance with the <br />terms of this contract prior to bid opening. Any modifications to the plans and <br />specifications must be approved in writing by the CWCB staff. <br /> <br />c. For plans and specifications for all jurisdictional dams and reservoirs, as defined by 9 37- <br />87-105 C.R.S. (2000), the BORROWER shall provide a letter of approval from the State <br />Engineer's Office prior to construction. <br /> <br />d, eWCB staff must be present at bid opening and must approve the award of the <br />construction contract. <br /> <br />e. The BORROWER shall contract for the construction of the work with responsible and <br />capable firms, hereinafter referred to as CONSTRUCTION FIRMS, which CONSTRUCTION FIRMS <br />shall be selected by the BORROWER and found acceptable by the eWCB staff before work <br />under this contract begins. <br /> <br />f. The BORROWER must provide a copy of the executed construction contract documents' <br />consisting of the advertisement for bid, contractor's proposal, construction contract, bid <br />bond, performance bond, payment bond, notice of award, notice to proceed, sample <br />change order, and sample field order. After the CWCB staff verifies that these documents <br />comply with the terms of this contract, the BORROWER may issue the notice to proceed to <br />the CONSTRUCTION FIRMS. <br /> <br />g, The BORROWER shall conduct a pre-construction conference at which time the CWCB staff <br />shall have the opportunity to review and approve the construction schedule. <br /> <br />, -h:---jHhe-eWeS-stafh:tetermirres- that- the 'PR();JECT -requires-a-residenhnspector-during - - <br />construction, the BORROWER shall employ an inspector who has been approved by the <br />eWCB staff. <br /> <br />i. The BORROWER shall construct the PROJECT in accordance with the approved plans and <br />specifications. <br /> <br />j. Upon completion of the PROJECT construction, the BORROWER shall provide as-built <br />drawings of the PROJECT to the CWeB staff, and, if required by 9 37-87-105, CRS, <br />(2000), the BORROWER shall provide the same drawings to the State Engineer's Office for <br />approval and filing. <br /> <br />k. Upon completion of the PROJECT construction, the BORROWER shall arrange a final <br />inspection for the CWCS staff, CONSTRUCTION FIRM, and the CONSULTANT. <br /> <br />2. Time For PROJECT Completion, The 60RROWER recognizes that time is of the essence in the <br />performance of all of its obligations under this contract. Therefore, the BORROWER shall <br />complete the PROJECT within two (2) years from the effective date of this contract. The time <br /> <br />Owl Creek Supply and Irrigation Company <br /> <br />Page 2 of 13 <br /> <br />Loan Contract <br />