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S.P. 199 - 010 -01. Install interconnect. <br />' <br />Estimated Construction Cost is $12,500.00. <br />' <br />Anticipated Federal -aid share is 80 percent. <br />Anticipated State's share is 11.43 percent. <br />' <br />County's share is 5.71 percent. City's share <br />is 2.86 percent. <br />' <br />4. Upon <br />execution of this agreement and a request in <br />writing by the State, the County and City shall each advance to <br />the State an amount <br />equal to their portion of the project costs. <br />' <br />The County's and City's total portion shall consist of the sum of <br />the following: <br />a) <br />The County's and City's share (as specified <br />in Paragraph 3) based on the actual bid <br />State furnished <br />prices and the estimated <br />' <br />material costs. <br />b) <br />Eight (8) percent of their share [Item (a) <br />above] for the cost of Engineering and <br />Inspection. <br />' <br />5. Upon <br />completion final acceptance the <br />and of <br />' <br />project, the County's <br />and City's final share shall consist of the <br />sum of the following: <br />a) <br />The County's and City's share (as specified <br />in Paragraph 3), based on the final payment <br />' <br />to the Contractor and the actual State <br />' <br />furnished materials costs. <br />74810 <br />1 <br />-5- q*7 <br />