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14. Comoliance with Aoolicable taws. At ail times during the performance of this Contract, the Contractor shall strictly adhere to all applicable federal and State laws that have been or may hereafter be established. 15. Severability. To the extent that this Contract may be executed and perfonnance of the obligations of the parties may be accomplished within the intent of the Contract, the tenns of this Contract are severable, and should any term or provision hereof be declared invalid or become inoperative for any reason, such invalidity or failure shall not affect the validity of any other term or provision hereof. The waiver of any breach of a term hereof shall not be construed as waiver of any other term. 16. Bindinll: on Successors. Except as herein otherwise provided, this agreement shall inure to the benefit of and be bindmg upon tbe parties, or any subcontractors hereto, and their respective successors and assigns. 17. Assillnment. Neither party, nor any subcontractors hereto, may assign its rights or duties under this Contract without the prior written consent of the other party. 18. Limitation to Particular Funds. The parties hereto expressly recognize that the Contractor is to be paid, reimbursed, or otherwi&e compensated with funds provided to tbe State for the purpose of contracting for tbe services provided for herein, and therefore, the Contractor expressly understands and agrees that aU its rights, demands and claims to compensation arising under this Contr1lct are contingent upon receipt of such funds by the State. In the event that such funds or any part thereof are not received by the State, the State may immediately teminate this Contract. 19. Minority Business Entemrise Particination. It is the policy of the State of Colorado that minority business enterprises shall have the maximum practicable opportunity to participate in the performance of its construction grant contracts. The Contractor agrees to use its best efforts to carry out this policy to the fullest extent practicable and consistent with the efficient performance of this Contract. As used in this Contract, the term Mminority business enterpriseM means a business, at least 50 percent (50%) of which is owned by mmority group members or, in the case of publicly owned businesses, at least 51 percent (51%) of the stock of which is owned by minority group members. For the purposes of this definition, minority group members are Negroes or Black Americans, Spanish-speaking Americans, Asian Americans, American Indians, American Eskimos and American Aleuts. The Contractor may rely on written representations by bidders, contractors, and subcontractors regarding their status as minority enterprises and need not conduct an independent investigation. 21. Workmen's ComDC:nsation Covera2C. The Contractor is fCSIX>nsible for providing Workmen's Compensation Coverage for all of its employees to the extent required by law, and for providing such coverage or requiring its subcontractors to provide such coverage for the subcontractor's employees. 1n no case is the State responsible for providing Workmen's Compensation Coverage for any employees or subcontractors of Contractor pursuant to this Agreement, and Contractor agrees to indemnify the State for any costs for which the State may be found liable in this regard. 22. Survival of Certain Contract Terms. Notwithstanding anything herein to the contrary, the parties understand and agree that aU terms and conditions of tbis contract and the exhibits and attachments hereto which may require continued performance or compliance beyond tbe termination date of the contract shall survive such termination date and shall be enforceable by the State as provided herein in the event of such failure to perform or comply by the Contractor or its subcontractors. Page 4 of 6 Pages Revised 4/92