C153629 Contract

• Contract/PO #: C153629
• Contractor Name: Colorado River Water Conservation District, The
• Contract Type: Loan
• Water District: 50
• County: Grand
• Bill Number: SB 87-15
• Loan Projects - Doc Type: Contract Documents

limitation, equipment used in connection with the project,
access roads and recreation facilities. Dollar costs incident
to any personnel of either the River District or Denver
related to OM&R shall be reimbursed by the River District from
the special account. Denver and the River District will
mutually agree to all capital expenses for OM&R of more than
$20,000 in 1992 dollars.

b. The River District shall give a detailed accounting
with respect to each and every expenditure related to the
project budget not less often than quarterly. The accounting
records of the River District shall be subject to audit by
Denver during business hours at the sole expense of Denver.

PROJECT CONSTRUCTION AND CONSTRUCTION RISK

17. The River District shall diligently proceed to construct
Wolford Mountain Reservoir to a capacity of 60,000 acre feet, more
or less, under the plans and specifications referenced in Recital
E above. The River District shall take bids for construction of
the Reservoir in the fall of 1992 or the winter of 1993 for a
construction start in the late winter and spring of 1993, but shall
not issue a Notice of Award to the accepted low bidder prior to
January 1, 1993.

18. The River District and Denver each recognize that Case
No. 91CW252 could have an adverse effect upon the value to Denver
of an interest in Wolford Mountain Reservoir if the yield to Denver
is reduced, and consequently Denver may prefer to delay the
issuance of a Notice of Award beyond January 1, 1993 until the
litigation has proceeded to the point that Denver is comfortable
therewith. At least thirty days before issuing a Notice of Award
to the contractor, the River District shall advise Denver in
writing of its intent to issue such notice; and if Denver requests
in writing that the Notice of Award be delayed, the River District
shall honor such request. The delay shall continue until Denver
revokes its request in writing. In the event that any delay in the
Notice of Award is incurred by reason of a request by Denver,
Denver shall pay any increased costs for construction of the
Reservoir and appurtenant features caused by such delay. Such
increases shall be measured and limited in accordance with this
Paragraph:

a. Construction of the Reservoir consists of three
primary contracts: (1) contract for construction of the dam
and appurtenant facilities; (2) contract for the relocation of
U.S. 40 through Pass Creek and Red Dirt Creek and the widening
of U.S. 40 at the dam access and the recreation area access;
and (3) contract for Engineering Service during Construction

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