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10. When construction contract for a public project is to be awarded to a bidder, a resident bidder shall be allowed a preference against anon- residentbidder from a state or foreign country equal to the preference given or required by the state or foreign country in which the non-resident bidder is a resident. If it is determined by the officer responsible for awarding the bid that compliance with this subsection .06 may cause denial of federal funds which. would otherwise be available or would otherwise be inconsistent with requirements of federal law, this subsection shall be suspended, but only to the extent necessary to prevent denial of the moneys or to eliminate the inconsistency with federal requirements (CRS 8-19-101 and 1021. • h. General. The laws of the State of Colorado and rules and regulations issued pursuant thereto shall be applied in the interpretation, execution, and enforcement of this contract. Any provision of this contract whether or not incorporated herein by reference which provides for arbitration by any extra-judicial body or person or which is otherwise in conflict with said laws, rules, and regulations shall be considered null and void. Nothing contained in any provision incorporated herein by reference which pGrports to negate this or any other special provision in whole or in part shall be valid or enforceable or available in any action at law whether by way of complaint, defense or otherwise. Any provision rendered null and void by the operation of this provision will not invalidate the remainder of this contract to the extent that the contract is capable of execution. i. At all times during the performance of this contract, the CorvrRncroR shall strictly adhere to all applicable federal and state laws, rules, and regulations that have been or may hereafter be established. j. The signatories aver that they are familiar with CRS 18-8-301, et. seq., (Bribery and Corrupt Influences) and 18-8-401, et. seq., (Abuse of Public Officel, and that no violation of such provisions is present. k. The signatories aver that to their knowledge, no state employee has any personal or beneficial interest whatsoever in the service or property described herein: IN WITNESS WHEREOF, the parties hereto have executed this contract on the day first above written. CONTRACTOR: LOWER ARKANSAS WATER MANAGEMENT ASSOCIATION By William Gr ick, President Federal ID Number: 84-0637532 State of Colorado Roy Romer, G vern By For the Executive Director DEPARTMENT OF NATURAL RESOURCES COLORADO WATER CONSERVATION BOARD Danes C. Lile, P.E., Director Attest (Sal) gY _ ~ > Corporate Secretary or Eq alent PPROVALS ATTORNEY GEN STATE CONTROLLER L ~,M~~~''x4r;~~n ~: '~I V T TANTA NEYGENERAL :~ ~ I RD ~ ~ ~ ~-~~ro f cr; -PRVICES LAWMA.CONIOctober 2, 19951 Page 8 of 8 LOWER ARKANSAS WATER MANAGEMENT ASSOC. LOAN CONTRACT