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<br />COLORADO LABOR PREFERENCE <br /> <br />6. a. Provisions of C.RS. 8-17-101 & 102 for preference of Colorado labor are applicable to this <br />contract if pUblic works within the State are undertaken hereunder and are financed in <br />whole or in part by State funds. <br /> <br />b, When construction contract for a public project is to be awarded to a bidder, a resident <br />bidder shall be allowed a preference against a non-resident bidder from a state or foreign <br />country equal to the preference given or required by the state or foreign country in which <br />the non-resident bidder is a resident. If it is determined by the officer responsible for <br />awarding the bid that compliance with this subsection .06 may cause denial of federal <br />funds which would otherwise be available or would otherwise be inconsistent with <br />requirements of federal law, this subsection shall be suspended, but only to the extent <br />necessary to prevent denial of the moneys or to eliminate the inconsistency with federal <br />requirements (C.R.S, 8-19-101 and 102). <br /> <br />GENERAL <br /> <br />7. The laws of the State of Colorado and rules and regulations adopted pursuant thereto shall be <br />applied in the interpretation, execution, and enforcement of this contract. Any provision of this <br />contract whether or not incorporated herein by reference which provides for arbitration by any <br />extra-judicial body or person or which is otherwise in conflict with said laws, rules, and <br />regulations shall be considered null and void. Nothing contained in any provision incorporated <br />herein by reference which purports to negate this or any other special provision in whole or in <br />part shall be valid or enforceable or available in any action at law whether by way of complaint, <br />defense or otherwise. Any provision rendered null and void by the operation of this provision <br />will not invalidate the remainder of this contract to the extent that the contract is capable of <br />execution. <br /> <br />8. At all times during the performance of this contract, the CONTRACTOR shall strictly adhere to all <br />applicable federal and state laws, rules, and regulations that have been or may hereafter be <br />established. <br /> <br />9. Pursuant to CRS 24-30-202.4 (as amended), the state controller may withhold debts owed to <br />state agencies under the vendor offset intercept system for: (a) unpaid child support debt or <br />child support arrearages; (b) unpaid balance of tax, accrued interest, or other chargeS <br />specified in Article 22, Title 39, CRS; (c) unpaid loans due to the student loan division of the <br />department of higher education; (d) owed amounts required to be paid to the unemployment <br />compensation fund; and (e) other unpaid debts owing to the state or any agency thereof, the <br />amount of which is found to be owing as a result of final agency determination or reduced to <br />judgment as certified by the controller. <br /> <br />10. The signatories aver that they are familiar with C.R.S. 18-8-301, et seq., (Bribery and Corrupt <br />Influences) and 18-8-401, et seq., (Abuse of Public Office), and that no violation of such <br />provisions is present. <br /> <br />11. The signatories aver that to their knowledge, no state employee has any personal or beneficial <br />interest whatsoever in the service or property described herein. <br /> <br />IN WITNESS WHEREOF, the parties hereto have executed this contract on the day first above <br />written. <br /> <br />CONTRACTOR: Jackson Lake Reservoir and <br />Irrigation Company, a Colorado nonprofit By <br />corporation <br /> <br />Jackson Lake Reservoir and Irrigation Co. Page 12 of 13 <br /> <br /> <br />Loan Contract <br />