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� <br />LJ <br />� <br />1.2. "Contract" means this Contract for Services, its terms and conditions, attached exhibits, documents <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 <br />has been incorporated into and attached to this Contract. <br />1.4. "Services" means services perFormed or tangible material produced or delivered in the perFormance <br />of services. <br />BASIC CONTRACT TERMS <br />2. Scope of Work <br />Grantee has contracted with GEI Consultants, Inc. (GEI) to perForm the Services described in Exhibit A, <br />Scope of Work. <br />3. PerFormance Standard <br />Grantee shall perform or have its subcontractor perform the Services described in Exhibit A, Scope of <br />Work, in accordance with the highest standard of care, skill and diligence provided by a professional <br />person or company in performance of work similar to the Services, and all services, and all consumables, <br />products, and materials used in performance of the Services shall be of good quality and free from faults <br />and defects. Grantee warrants that (a) services or goods provided under this Contract shall meet the <br />description in Exhibit A, Scope of Work, (b) there are no pending or threatened suits, claims, or actions of <br />any type with respect to the services provided and (c} the services and goods shall be free and clear of any <br />liens, encumbrances, or claims arising by or through Grantee or any party related to Grantee. <br />4. Performance Term <br />4.1. This Contract shall be effective upon approva► 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, Scope 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 Grantee, 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 Award (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 $50,000 for the <br />performance of the Services and acquisition of Goods required by this Contract and Exhibit A, <br />Scope of Work. Satisfactory performance under the terms of this Contract shall be a condition <br />precedent to the State's obligation to compensate Grantee. <br />5.2. The maximum compensation payable under this Contract, and under any renewal hereof, shall <br />include all Grantee and subcontractor fees, costs and expenses, including but not limited to, labor <br />costs, rent or mortgage payment, travet expenses, overhead, parts, repairs and replacements, <br />mileage, supplies, mailing, testing, communications, reporting, debugging, delivery charges or other <br />operation or Contract expenses. <br />Page 2 of 15 <br />