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66264 <br /> <br />Section B. Construction Enqineerinq Costs <br />In addition, the State shall pay a construction engineering <br />charge in an amount equal to 8 percent of the total cost of the <br />State participation construction covered under this agreement. <br /> <br />ARTICLE III - PAYMENT BY THE STATE <br />Section A. Estimate and Advancement of the State's Cost Share <br />It is estimated, for accounting purposes, that the State's share <br />of the costs of the contract construction plus the 8 percent <br />construction engineering cost share and a $750.00 contingency <br />amount is the sum of $11,617.56 as shown in the attached SCHEDULE <br />"I". The attached SCHEDULE "I" was prepared.using estimated unit <br />prices. Upon receipt and review of the construction contract bid <br />documents described in Article I, Section B. of this agreement, <br />the State shall then decide whether to concur in the City's award <br />of the construction contract and, if so, prepare a revised <br />SCHEDULE "I" based on the construction contract unit prices. The <br />contingency amount is provided to cover overruns of the plans <br />estimated quantities of State cost participation construction <br />and/or State-approved additional construction including <br />construction engineering costs. <br /> <br />The State shall advance to the City the. State's total estimated <br />cost share, less contingency amount, as shown in the revised <br />SCHEDULE "I" after the following conditions have been met: <br /> <br />-8- <br /> <br /> <br />