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C153376 Contract
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C153376 Contract
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Last modified
11/19/2009 11:25:13 AM
Creation date
10/5/2006 11:29:31 PM
Metadata
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Template:
Loan Projects
Contract/PO #
C153376
Contractor Name
Granby, Town of
Contract Type
Loan
Water District
51
County
Grand
Bill Number
SB 81-439
Loan Projects - Doc Type
Contract Documents
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<br />C. The State agrees that it shall: <br /> <br />1. Make available to the Contractor for the purpose of <br />this contract not to exceed the sum of Four Hundred Five <br />Thousand Dollars ($405,000). Said 'Four Hundred Five Thousand <br />Dollars ($405,000) shall be made available to the Contractor in <br />accordance wi th the following terms and cond i t ions: <br /> <br />a. Beginning with the monthly period commencing <br />March 15, 1982, and for every month thereafter until <br />said project has been completed, the Contractor shalll <br />prepare with the assistance of the conSUlting <br />engineer referred to in paragraph A.1. above an <br />estimate of the funds required from the State for <br />project construction during that month and shall <br />forward said estimate to. the State not less than <br />fifteen (15) days prior to the beginning of such <br />month. <br /> <br />b. Upon receipt and approval by the State of such <br />monthly estimate, the State will, within forty (40) <br />days from the receipt of such estimate, pay over to <br />the Contractor the amount of the monthly estimate or <br />,such portion thereof as has been approved by the <br />_~ State. <br /> <br />. <br /> <br />c. No payments will be made under this contract <br />until the project plans and specifications referred <br />to in paragraph A.1. above are approved by the State. <br /> <br />2. Provide the Contractor with such technical assistance <br />as the State deems appropriate in planning, constructing, and <br />operating the project and in coordinating the project with <br />local official comprehensive plans for sewer and water and with <br />any State or area plans for the area in which the project is <br />located. <br /> <br />D. This contract is not assignable by the Contractor except <br />with written approval of the State. <br /> <br />E. The parties to this contract intend that the relationship <br />between them contemplated by this contract is that of <br />employer-independent contractor. No agent, employee, or <br />servant of the contractor shall be or shall be deemed to be an <br />employee, agent, or servant of the State. The Contractor will <br />be solely and entirely responsible for its acts and the acts of <br />its agents, employees, servants, and Subcontractors during the <br />performance of this contract. <br /> <br />F. At all times during the performance of this contract, the <br />Contractor shall strictly adhere to all applicable federal and <br />state'laws that have been or may hereafter be established. <br /> <br />G. This agreement is intended as the complete integration of <br />all understandings between the parties. No prior or <br />contemporaneous addition, deletion, or other amendment hereto <br />shall have any force or effect whatsoever unless embodied <br />herein in writing. No subsequent novation, renewal, addition, <br />deletion, or other amendment hereto shall have any force or <br />effect unless embodied in a written contract executed and <br />approved pursuant to the state fiscal rules. <br /> <br />H. In its sole discretion, the State may at any time give any <br />consent, deferment, subordination, release, satisfaction, or <br />termination of any or all of the Contractor IS obligations under <br />this agreement, with or without valuable consideration, upon <br />such terms and conditions as the State may determine to be (a) <br />advisable to further the purposes of this contract or to <br />protect the State's financial interest therein, and (b) <br /> <br />Page 4 of 7 Pages <br />
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