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<br />b. Worker's compensation and employer's liability insurance in the required statutory
<br />amounts.
<br />c. Automobile liability insurance that includes coverage for all owned, non-owned and hired
<br />vehicles with minimum limits of $1,000,000 combined single limit for bodily injury and
<br />property damage.
<br />d. Commercial general liability insurance with minimum limits of $1,000,000 combined
<br />single limit for each occurrence and $2,000,000 general aggregate. This insurance
<br />coverage shall include products/completed operations and bodily injury/property
<br />damage.
<br />C. GENERAL PROVISIONS
<br />1. Periodic Inspections. Throughout the term of this contract, the BORROWER shall permit a
<br />designated representative of the CWCB to make periodic inspections of the PROJECT. Such
<br />inspections shall cover the condition of the PROJECT, operating records, maintenance
<br />records, and financial records. These inspections are solely for the purpose of verifying
<br />compliance with the terms and conditions of this contract and shall not be construed nor
<br />interpreted as an approval of the actual design, construction or operation of any element of
<br />the PROJECT facilities.
<br />2. Applicable Laws. T~e BORROWE~ shall strictly adhere to alllWli a Ie federal, state, and
<br />local laws and regulations that are In effect or may hereafter sf) throughout the
<br />term of this contract.
<br />3. Designated Agent Of The CWCB. The CWCB's emPl1",srarEItd as t.he agents
<br />of the CWCB for the purpose of this contract. 1 , . r
<br />4. Assignment. The BORROWER may not assign this contract except wit ~ior written
<br />approval of the CWCB.
<br />5. Contract Relationship. The parties to this contract intend that the relationship between
<br />them under this contract is that of lender-borrower, not employer-employee. No agent,
<br />employee, or servant of the BORROWER shall be, or shall be deemed to be, an employee,
<br />agent, or servant of the CWCB. The BORROWER shall be solely and entirely responsible for
<br />its acts and the acts of its agents, employees, servants, engineering firms, construction
<br />firms, and subcontractors during the term of this contract.
<br />6. Integration of Terms. This contract is intended as the complete integration of all
<br />understandings between the parties. No prior or contemporaneous addition, deletion, or
<br />other amendment hereto shall have any force or effect whatsoever unless embodied herein
<br />in writing. No subsequent novation, renewal, addition, deletion, or other amendment hereto
<br />shall have any force or effect unless embodied in a written contract executed and approved
<br />pursuant to STATE fiscal rules, unless expressly provided for herein.
<br />7. Controlling Terms. In the event of conflicts or inconsistencies between the terms of this
<br />contract and conditions as set forth in any of the appendices, such conflicts or
<br />inconsistencies shall be resolved by reference to the documents in the following order of
<br />priority: (1) Colorado Special Provisions, (2) the remainder of this contract, and (3) the
<br />Appendices.
<br />8. Casualty and Eminent Domain. If, at any time, during the term of this contract, (a) the
<br />BORROWER'S PROJECT facilities, including buildings or any portion thereof, are damaged or
<br />destroyed, in whole or in part, by fire or other casualty, or (b) title to or use of the PROJECT
<br />facilities or any part thereof shall be taken under the exercise of the power of eminent
<br />domain, the BORROWER shall cause the net proceeds of any insurance claim or
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