C150100 Contract Paid in Full

• Contract/PO #: C150100
• Contractor Name: East Dillon Water District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

• •
4. Time for Performance. The BORROWER recognizes that time is of the essence in the
performance of all of its obligations under this contract. Therefore, the BORROWER shall
complete the PROJECT within the time specified in Time for Performance (Section 10) of
the Project Summary.
C. GENERAL PROVISIONS
1. Periodic Inspections. Throughout the term of this contract, the BORROWER shall
permit a designated representative of the CWCB to make periodic inspections of the
Borrower's facilities. Such inspections shall cover the PROJECT, operating records,
maintenance records, and financial records. These inspections are solely for the
purpose of verifying compliance with the terms and conditions of this contract and shall
not be construed nor interpreted as an approval of the actual design, construction or
operation of any element of the PROJECT facilities
2. Applicable Laws. The BORROWER shall strictly adhere to all applicable federal, state,
and local laws and regulations that are in effect or may hereafter be established
throughout the term of this contract.
3. Designated Agent Of The CWCB. The CWCB's employees are designated as the
agents of the CWCB for the purpose of this contract.
4. Assignment. The BORROWER may not assign this contract except with the prior written
approval of the CWCB.
5. Contract Relationship. The parties to this contract intend that the relationship
between them under this contract is that of lender-borrower, not employer-employee.
No agent, employee, or servant of the BORROWER shall be, or shall be deemed to be,
an employee, agent, or servant of the CWCB. The BORROWER shall be solely and
entirely responsible for its acts and the acts of its agents, employees, servants,
engineering firms, construction firms, and subcontractors during the term of this
contract.
6. Integration Of Terms. This contract is intended as the complete integration of all
understandings between the parties. No prior or contemporaneous addition, deletion,
or other amendment hereto shall have any force or effect whatsoever unless embodied
herein in writing. No subsequent novation, renewal, addition, deletion, or other
amendment hereto shall have any force or effect unle s i ,d'-d in a written contract
executed and approved pursuant to STATE fisc I I s > pressly provided for
herein.
7. Controlling Terms. In the event of conflicts or inc.i '.t e en the terms of
this contract and conditions as set forth i f t'.• a, e d e , h conflicts or
inconsistencies shall be resolved by refere e t e • - u n the following order
of priority: (1) Colorado Special Provisions, (2) the remainder of this contract, and (3)
the Appendices.
8. CWCB May Release Contract. In its sole discretion, the CWCB may at any time give
any consent, deferment, subordination, release, satisfaction, or termination of any or all
of the BORROWER'S obligations under this contract, with valuable consideration, upon
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