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CT2018-2081 Contract
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CT2018-2081 Contract
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Last modified
4/5/2018 9:57:45 AM
Creation date
4/5/2018 9:57:21 AM
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Loan Projects
Contract/PO #
CT2018-2081
Contractor Name
Bonus Ditch Company
Contract Type
Loan
Loan Projects - Doc Type
Contract Documents
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L. Severability <br /> The invalidity or unenforceability of any provision of this Contract shall not affect the <br /> validity or enforceability of any other provision of this Contract, which shall remain in full <br /> force and effect, provided that the Parties can continue to perform their obligations under <br /> this Contract in accordance with the intent of the Contract. <br /> M. Survival of Certain Contract Terms <br /> Any provision of this Contract that imposes an obligation on a Party after termination or <br /> expiration of the Contract shall survive the termination or expiration of the Contract and <br /> shall be enforceable by the other Party. <br /> N. Third Party Beneficiaries <br /> Except for the Parties' respective successors and assigns described in §27.A., this Contract <br /> does not and is not intended to confer any rights or remedies upon any person or entity <br /> other than the Parties. Enforcement of this Contract and all rights and obligations hereunder <br /> are reserved solely to the Parties. Any services or benefits which third parties receive as a <br /> result of this Contract are incidental to the Contract, and do not create any rights for such <br /> third parties. <br /> O. Waiver <br /> A Party's failure or delay in exercising any right, power, or privilege under this Contract, <br /> whether explicit or by lack of enforcement, shall not operate as a waiver, nor shall any <br /> single or partial exercise of any right, power, or privilege preclude any other or further <br /> exercise of such right,power,or privilege. <br /> P. CORA Disclosure <br /> To the extent not prohibited by federal law, this Contract and the performance measures <br /> and standards required under §24-103.5-101 C.R.S., if any, are subject to public release <br /> through the CORA. <br /> Q. Standard and Manner of Performance <br /> Borrower shall perform its obligations under this Contract in accordance with the highest <br /> standards of care, skill and diligence in Borrower's industry,trade, or profession. <br /> R. Licenses, Permits,and Other Authorizations. <br /> Borrower shall secure, prior to the Effective Date, and maintain at all times during the term <br /> of this Contract, all licenses, certifications, permits, and other authorizations required to <br /> perform its obligations under this Contract, and shall ensure that all employees, agents and <br /> Subcontractors secure and maintain at all times during the term of their employment, <br /> agency or subcontract, all license, certifications, permits and other authorizations required <br /> to perform their obligations in relation to this Contract. <br /> S. Indemnification <br /> i. General Indemnification <br /> Borrower shall indemnify, save, and hold harmless the State, its employees, agents <br /> and assignees (the "Indemnified Parties"), against any and all costs, expenses, claims, <br /> damages, liabilities, court awards and other amounts (including attorneys' fees and <br /> Page 15 of 18 <br /> Contract Number:CT2018-2081 <br />
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