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<br />) <br /> <br />contract shall be delivered or mailed to the following addresses: <br /> <br />For the STATE: For the BORROWER: <br /> <br />Colorado Water Conservation Board Lower Arkansas Water Management Assn. <br />1.313 Sherman Street, Room 721 P. O. Box 1161 <br />Denver, CO 80203 Lamar, CO 81052 <br />Alln: Construction Fund Section <br /> <br />Special Provisions (1993 version) <br /> <br />1. Controller's approval. This contract shall not be deemed valid until it shall have been <br />approved by the Cont~oller of the State of Ci:llorado or such assistant as he may designate. <br />This provision is applicable to any contract involving the payment of money by the STATE. <br /> <br />2. Fund availability. Financial obligations of the State of Colorado payable after the current <br />fiscal year are contingent upon funds for that purpose being appropriated, budgeted, and <br />otherwise made available. <br /> <br />3. Bond requirement. If this contract involves the payment of more than fifty thousand dollars <br />for the construction, erection, repair, maintenance, or improvement of any building, road, <br />bridge, viaduct, tunnel, excavation or other public work for this STATE, the CONTRACTOR <br />shall, before entering upon the performance of any such work included in this contract, duly <br />execute and deliver to the STATE official who will sign the contract, a good and sufficient <br />bond or other acceptable surety to be approved by said official in a penal sum not less than <br />one-half of the total amount payable by the terms of this contract. Such bond shall be duly <br />executed by a qualified corporate surety cc>nditioned upon the faithful performance of the <br />contract and in addition, shall provide that If the CONTRACTOR or his subcontractors fail to <br />duly pay for any labor, materials, team hire, sustenance, provisions, provendor or other <br />supplies used or consumed by such CONTRACTOR or his subcontractor in performance of <br />the work contracted to be done or fails to pay any person who supplies rental machinery, <br />tools', or equipment in the prosecution of the work the surety will pay the same in an amount <br />not exceeding the sum specified in the bond, together with interest at the rate of eight per <br />cent per annum. Unless such bond is executed, delivered and filed, no claim in favor of the. <br />CONTRACTOR arising under such contract Shall be audited, allowed or paid. A certified or <br />cashier's check or a bank money order payable to the Treasurer of the State of Colorado <br />may be accepted in lieu of a bond. This prOVision is in compliance with C.R.S. 38-26-106. <br /> <br />4. Indemnification. To the extent authorized by law, the CONTRACTOR shall indemnify, save, <br />and hold harmless the STATE, its employees and agents, against any and all claims, <br />damages, liability and court awards including costs, expenses, and attorney fees incurred <br />as a result of any act or omission by the CONTRACTOR, or its employees, agents, <br />sl,lbcontractors, or assignees pursuant to the terms of this contract. <br /> <br />5. Discrimination and affirmative action. The CONTRACTOR agrees to comply with the letter <br />and spirit of the Colorado Antidiscriminatiol') Act of 1957, as amended, and other applicable <br />law respecting discrimination and unfair employment practices (C.R.S. 24-34-402), and as <br />required by Executive Order, Equal Opportunity and Affirmative Action, dated April 16, <br />1975. Pursuant thereto, the following provisions shall be contained in all STATE contracts or <br />sub-contracts. <br /> <br />During the performance of this contract, the CONTRACTOR agrees as follows: <br /> <br />a. The CONTRACTOR will not discrimil')ate against any employee or applicant for <br />employment because of race, creed, color, national origin, sex, martial status, religion, <br /> <br />Feasibility Report Loan Contract <br /> <br />Page 6 of 9 <br />