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ACTIA 2002 -26 <br /> Right of Way - Capital <br /> Utility Relocation /Protection <br /> Construction Contracts <br /> Construction Engineering <br /> Equipment Purchase <br /> • PROJECT PHASE timing <br /> • PHASE cash flow requirements <br /> • Outside funding sources <br /> • Outside funding timing <br /> • Permits required <br /> • Agreements required <br /> • Coordinating agencies <br /> • SPONSOR's role <br /> Work performed by SPONSOR <br /> Work performed by Consultants <br /> • ACTIA's role <br /> • Role of Others <br /> (6) That SPONSOR will be given five years from the first year of revenue collection (which <br /> begins in April 2002) to receive environmental approvals and to have PROJECTS fully funded. <br /> If SPONSOR cannot meet this April 2007 requirement, SPONSOR may appeal to ACTIA for <br /> one or more one -year extensions limited by the policy regarding time extensions as shown in <br /> EXHIBIT "D ", Appendix D, "Policy Regarding the Time Limitation on Environmental <br /> Approval ". Once time has expired, the SPONSOR will be deemed to have approved deletion of <br /> that project, and the funds will be reallocated as Unused Funds as described in EXHIBIT "D ", <br /> Appendix B, "Policy Regarding the Definition and Use of Excess Revenues and Unused Funds ". <br /> (7) SPONSOR will be responsible for obtaining the Environmental Document Certification <br /> from the appropriate agency or agencies as may be required. <br /> (8) To advertise, award and administer any professional services contract for work on <br /> PROJECTS not performed by SPONSOR's own forces. <br /> (9) To invite ACTIA staff to participate as a voting member in the selection of professional <br /> consultants and to furnish copies of the professional services contracts to ACTIA prior to <br /> approval by the SPONSOR on contracts utilizing ACTIA funds. <br /> Final 5/16/02 Page 5 <br />