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H. Certificates <br /> Borrower shall provide to the State certificates evidencing Borrower's insurance coverage <br /> required in this Contract within 7 Business Days following the Effective Date.Borrower shall <br /> provide to the State certificates evidencing Subcontractor insurance coverage required under <br /> this Contract within 7 Business Days following the Effective Date,except that,if Borrower's <br /> subcontract is not in effect as of the Effective Date, Borrower shall provide to the State <br /> certificates showing Subcontractor insurance coverage required under this Contract within 7 <br /> Business Days following Borrower's execution of the subcontract. No later than 15 days <br /> before the expiration date of Borrower's or any Subcontractor's coverage, Borrower shall <br /> deliver to the State certificates of insurance evidencing renewals of coverage. At any other <br /> time during the term of this Contract, upon request by the State, Borrower shall, within 7 <br /> Business Days following the request by the State,supply to the State evidence satisfactory to <br /> the State of compliance with the provisions of this §22. <br /> 23. CONFLICTS OF INTEREST <br /> A. Actual Conflicts of Interest <br /> Borrower shall not engage in any business or activities, or maintain any relationships that <br /> conflict in any way with the full performance of the obligations of Borrower under this <br /> Contract. Such a conflict of interest would arise when a Borrower or Subcontractor's <br /> employee, officer or agent were to offer or provide any tangible personal benefit to an <br /> employee of the State, or any member of his or her immediate family or his or her partner, <br /> related to the award of,entry into or management or oversight of this Contract. <br /> B. Apparent Conflicts of Interest <br /> Borrower acknowledges that,with respect to this Contract,even the appearance of a conflict <br /> of interest shall be harmful to the State's interests.Absent the State's prior written approval, <br /> Borrower shall refrain from any practices, activities or relationships that reasonably appear <br /> to be in conflict with the full performance of Borrower's obligations under this Contract. <br /> C. Disclosure to the State <br /> If a conflict or the appearance of a conflict arises, or if Borrower is uncertain whether a <br /> conflict or the appearance of a conflict has arisen, Borrower shall submit to the State a <br /> disclosure statement setting forth the relevant details for the State's consideration.Failure to <br /> promptly submit a disclosure statement or to follow the State's direction in regard to the <br /> actual or apparent conflict constitutes a breach of this Contract. <br /> 24. BREACH <br /> A. Defined <br /> The failure of a Party to perform any of its obligations in accordance with this Contract, in <br /> whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of <br /> proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against <br /> Borrower, or the appointment of a receiver or similar officer for Borrower or any of its <br /> property, which is not vacated or fully stayed within 30 days after the institution of such <br /> proceeding, shall also constitute a breach. <br /> Page 12 of 19 <br /> Contract Number:CT2018-2832 <br />