FINANCE <br /> 11. State shall, in the first instance, pay all reimbursable costs of the Project, submit all claims for federal- <br /> aid participation to FHWA in the normal manner and compile accurate cost accounting records. <br /> Agency may request a statement of costs to date at any time by submitting a written request. When the <br /> actual total cost of the Project has been computed, State shall furnish Agency with an itemized <br /> statement of fmal costs. Agency shall pay an amount which, when added to said.advance deposit and <br /> federal reimbursement payment, will equal 100 percent of the final total actual cost. Any portion of <br /> deposits made in excess of the final total costs of Project, minus federal reimbursement, shall be <br /> released to Agency. The actual cost of services provided by State will be charged to the Project <br /> expenditure account(s) and will be included in the total cost of the Project. <br /> PROJECT ACTIVITIES <br /> 12. State shall, if the preliminary engineering work is performed by Agency or others, review and process <br /> or approve all environmental statements, preliminary and final plans, specifications and cost estimates. <br /> State shall, if they prepare these documents, offer Agency the opportunity to review and approve the <br /> documents prior to advertising for bids. <br /> 13. The party responsible for performing preliminary engineering for the Project shall, as part of its <br /> preliminary engineering costs, obtain all Project related permits necessary for the construction of said <br /> Project. Said permits shall include, but are not limited to, access, utility, environmental, construction, <br /> and approach permits. All pre-construction permits will be obtained prior to advertisement for <br /> construction. <br /> <br /> -14. State shall prepare contract and bidding documents, advertise for bid proposals, and award all <br /> contracts. <br /> 15. Upon State's award of a construction contract, State shall perform independent assurance testing in <br /> accordance with State and FHWA Standards, process and pay all contractor progress estimates, check <br /> fmal quantities and costs, and oversee and provide intermittent inspection services during the <br /> construction phase of the Project. <br /> 16. State shall, as a Project expense, assign a liaison person to provide Project monitoring as needed <br /> throughout all phases of Project activities (preliminary engineering, right-of--way acquisition, and <br /> construction). The liaison shall process reimbursement for federal participation costs. <br /> <br />