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same in an amount not exceeding the sum specified in the bond, together with interest at the rate • <br /> of eight per cent per annum. Unless such bond is executed, delivered and filed, no claim in favor of <br /> the CONTRACTOR arising under such contract shall be audited, (lowed or paid. A certified or <br /> cashier's check or a bank money order payable to the Treasure , f h Sfi e -olorado may be <br /> accepted in lieu of a bond. This provision is in compliance with C S.4: +6,1 . !. <br /> Ar <br /> 4. Indemnification. To the extent authorized by law, the ','+� ;, -., T R shall indemnify, save, and <br /> hold harmless the STATE, its employees and agents, alga' ;-t ; an 4 4fa ges, liability <br /> and court awards including costs, expenses, and attorney ,,,, n edvessu, of any act or <br /> omission by the CONTRACTOR, or its employees, agents, subcontractors, i ursuant to <br /> the terms of this contract. <br /> 5. Discrimination And Affirmative Action. The CONTRACTOR agrees to comply with the letter and <br /> spirit of the Colorado Antidiscrimination Act of 1957, as amended, and other applicable law <br /> respecting discrimination and unfair employment practices (C.R.S. 24-34-402), and as required by <br /> Executive Order, Equal Opportunity and Affirmative Action, dated April 16, 1975. Pursuant thereto, <br /> the following provisionsshall be contained in all STATE contracts or sub-contracts. <br /> During the performance of this contract, the CONTRACTOR agrees as follows: <br /> a. The CONTRACTOR will not discriminate against any employee or applicant for employment <br /> because of race, creed, color, national origin, sex, martial status, religion, ancestry, mental or <br /> A <br /> physical handicap, or age. The CONTRACTOR will take affirmative action to insure that <br /> applicants are employed, and that employees are treated during employment, without regard <br /> to the above mentioned characteristics. Such action shall include, but not be limited to the <br /> following: employment upgrading, demotion, or transfer, recruitment or recruitment <br /> advertisings; lay-offs or terminations; rates of pay or other forms of compensation; and <br /> selection for training, including apprenticeship. The CONTRACTOR agrees to post in <br /> conspicuous places, available to employees and applicants for employment, notices to be <br /> provided by the contracting officer setting forth provisions of this non-discrimination clause. <br /> b. The CONTRACTOR will, in all solicitations or advertisements for employees placed by or on <br /> behalf of the CONTRACTOR, state that all qualified applicants will receive consideration for <br /> employment without regard to race, creed, color, national origin, sex, martial status, religion, <br /> ancestry, mental or physical handicap, or age. <br /> c. The CONTRACTOR will send to each labor union or representative of workers with which he has <br /> a collective bargaining agreement or other contract or understanding, notice to be provided by • <br /> the contracting officer, advising the labor union or workers' representative of the <br /> CONTRACTOR'S commitment under the Executive Order, Equal Opportunity and Affirmative <br /> Action, dated April 16, 1975, and of the rules, regulations, and relevant Orders of the <br /> Governor. <br /> d. The CONTRACTOR and labor unions will furnish all information and reports required by <br /> Executive Order, Equal Opportunity and Affirmative Action of April 16, 1975, and by the rules, <br /> regulations and Orders of the Governor, or pursuant thereto, and will permit access to his <br /> books, records, and accounts by the contracting agency and the office of the Governor or his <br /> designee for purposes of investigation to ascertain compliance with such rules, regulations and <br /> orders. _ <br /> e. A labor organization will not exclude any individual otherwise qualified from full membership <br /> rights in such labor organization, or expel any such individual from membership in such labor • <br /> The Agricultural Ditch and Reservoir Company Page 12 of 14 Loan Contract <br />