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<br />._\ <br /> <br />For the STATE: <br />Colorado Water Conservation Board <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br />Attn.: Construction Fund Section <br /> <br />For the BORROWER: <br />. The Greeley and Loveland Irrigation <br />Company <br />808 23rd Avenue <br />Greeley, CO 80631 <br /> <br />Special Provisions (1997 version) <br /> <br />1. Controller's approval. This contract shall not be deemed valid until it shall have <br />been approved by the Controller of the State of Colorado or such assistant as he <br />may designate. This provision is applicable to any contract involving the payment of <br />money by the STATE. <br /> <br />2. Fund availability. Financial obligations of the State of Colorado payable after the <br />current fiscal year are contingent upon funds for that purpose being appropriated, <br />budgeted, and otherwise made available. <br /> <br />3. Bond requirement. If this contract involves the payment of more than fifty <br />thousand dollars for the construction, erection, repair, maintenance, or improvement. <br />of any building, road, bridge, viaduct, tLlnnel, excavation or other public work for this <br />STATE, the CONTRACTOR shall, before entering upon the performance of any such <br />work included in this contract, duly execute and deliver to the STATE official who will <br />sign the contract, a good and sufficient bond or other acceptable surety to be <br />approved by said official in a penal sum not less than one-half of the total amount <br />payable by the terms of this contract. Such bond shall be duly executed by a <br />qualified corporate surety conditioned upon the faithful performance of the contract <br />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, provender or <br />other supplies used or consumed by such CONTRACTOR or his subcontractor in <br />performance of the work contracted to be done or fails to pay any person who <br />supplies rental machinery, tools, or equipment in the prosecution of the work the <br />surety will pay the same in an amount not exceeding the sum specified in the bond, <br />together with interest at the rate of eight per cent per annum. Unless such bond is <br />executed, delivered and filed, no claim in favor of the CONTRACTOR arising under <br />such contract shall be audited, allowed er paid. A certified or cashier's check or a <br />bank money order payable to the Treasurer of the State of Colorado may be <br />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, <br />save, and hold harmless the STATE, its employees and agents, against any and all <br />claims, damages, liability and court awards including costs, expenses, and attorney <br />fees incurred as a result of any act or omission by the CONTRACTOR, or its <br />employees, agents, subcontractors, or assignees pursuant to the terms of this <br />contract. <br /> <br />5. Discrimination and affirmative action. The CONTRACTOR agrees to comply with <br />the letter and spirit of the Colorado Antidiscrimination Act of 1957, as amended, and <br /> <br />Feasibility Report Loan Contract <br /> <br />Page70f11 <br />