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<br />incorporated by reference under the terms of this contract, and any future modifying agreements,
<br />exhibits, attachments or references that are incorporated pursuant to State Fiscal Rules and Policies.
<br />1.3. "Exhibit" means a statement of work document, schedule, budget, or other identified exhibit which has
<br />been incorporated into and attached to this contract.
<br />1.4. "Goods" means anything that is produced or manufactured and that is obtained by the State, either
<br />in and of itself, or in conjunction with services.
<br />1.5. "Services" means services performed or tangible material produced or delivered in the performance
<br />of services.
<br />BASIC CORITRACT TERMS
<br />2. Statement of Work
<br />Contractor shall perform the Services and provide the Goods (if applicable) described in Exhibit A,
<br />Statement of Work.
<br />Performance Standard
<br />Contractor shall perform the Services described in Exhibit A, Statement of Work, in accordance with the
<br />highest standard of care, skill and diligence provided by a professional person or company in performance
<br />of work similar to the Services, and all services, and all consumables, products, and materials used in
<br />performance of the Services shall be of good quality and free from faults and defects. Contractor warrants
<br />that (a) services or goods provided under this contract shall meet the description in Exhibit A, Statement of
<br />Work, (b) there are no pending or threatened suits, claims, or actions of any type with respect to the
<br />services or goods provided and (c) the services and goods shall be free and clear of any liens,
<br />encumbrances, or claims arising by or through Contractor or any party related to Contractor.
<br />4. Performance Term
<br />4.1. This contract shall be effective upon approval by the Colorado State Controller, or designee, (the
<br />"Effective Date") and extend through June 30, 2008. Performance of this contract shall commence
<br />as soon as practicable after the Effective Date and shall be undertaken and performed in the
<br />sequence and manner set forth in Exhibit A, Statement of Work.
<br />4.2. In the event the State desires to continue the Services and a replacement contract has not been fully
<br />approved by the termination date of this contract, the State, upon written notice to Contractor, may
<br />unilaterally extend this contract for a period of up to two (2) months. The contract shall be extended
<br />under the same terms and conditions as the original contract, including, but not limited to prices,
<br />rates and service delivery requirements. This extension shall terminate at the end of the two (2)
<br />month period or when the replacement contract is signed by the Colorado State Controller or an
<br />authorized delegate.
<br />5. Grant A~nrard (Compensation)
<br />5.1. Payment of the grant award amount pursuant to this contract will be made as earned, in whole or in
<br />part, from available State funds encumbered in a maximum amount not to exceed $180,580 for the
<br />performance of the Services and acquisition of Goods required by this contract and Exhibit A,
<br />Statement of Work. Satisfactory performance under the terms of this contract shall be a condition
<br />precedent to the State's obligation to compensate Contractor.
<br />5.2. The maximum compensation payable under this contract, and under any renewal hereof, shall
<br />include all Contractor fees, costs and expenses, including but not limited to, labor costs, rent or
<br />mortgage payment, travel expenses, overhead, parts, repairs and replacements, mileage, supplies,
<br />mailing, testing, communications, reporting, debugging, delivery charges or other operation or
<br />contract expenses.
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