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H. Certificates <br /> Borrower shall provide to the State certificates evidencing Borro er's insurance coverage <br /> required in this Contract within 7 Business Days following the Effec ive 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, ;xcept that,if Borrower's <br /> subcontract is not in effect as of the Effective Date, Borrower s all provide to the State <br /> certificates showing Subcontractor insurance coverage required un•er this Contract within 7 <br /> Business Days following Borrower's execution of the subcontrac . No later than 15 days <br /> before the expiration date of Borrower's or any Subcontractor's overage, 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, :orrower shall, within 7 <br /> Business Days following the request by the State, supply to the Stat evidence satisfactory to <br /> the State of compliance with the proirisions 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 maint.in 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 tangibl- personal benefit to an <br /> employee of the State, or any member of his or her immediate f. ily or his or her partner, <br /> related to the award of, entry into or management or oversight oft s 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 relationshi I s that reasonably appear <br /> to be in conflict with the full performance of Borrower's obligation. under this Contract. <br /> C. Disclosure to the State <br /> If a conflict or the appearance of a conflict arises, or if Borrow:i is uncertain whether a <br /> conflict or the appearance of a conflict has arisen, Borrower sh.11 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 o irection 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 accord. ce with this Contract, in <br /> whole or in part or in a timely or satisfactory manner, shall be a a reach. The institution of <br /> proceedings under any bankruptcy, insolvency, reorganization or i'milar law, by or against <br /> Borrower, or the appointment of a receiver or similar officer foi Borrower or any of its <br /> property, which is not vacated or fully stayed within 30 days aft,r the institution of such <br /> proceeding, shall also constitute a breach. <br /> Page 12 of 19 <br /> Contract Number:CT2019-2099 <br />