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<br />however, that in the event the CONTRACTOR becomes involved in, or is threatened with. litigation. <br />with the subcontractor or vendor as a result of such direction by the contracting agency. the <br />CONTRACTOR may request the State of Colorado to enter into such litigation to protect the interest of <br />the State of Colorado. <br /> <br />6. Colorado Labor Preference. <br /> <br />a. Provisions of C.R.S. 8-17-101 & 102 for preference of Colorado labor are applicable'to this contract <br />if public works within the STATE are undertaken hereunder and are .financed in whole or in part by <br />STATE funds. . , " <br /> <br />b. When construction contract for a public project is to be awarded to_a 'bidder, a resid~t bidder shall <br />be allowed a preference against a non-resident bidder from a state" of"fC?:reigncOu~iilry; 'equal to the <br />preference given or required by the state or foreign country in which ttie;110~sident bidder is a <br />resident. If it is detennined by the officer responsible for awarding the bid that compliance with this <br />subsection .06 may cause denial of federal funds which would otherwise be available or would <br />otherwise be inconsistent with requirements of federal law, this subsection shall be suspended, but <br />only to the extent necessary to prevent denial of the moneys or to eliminate the inconsistency with <br />federal requirements (C.R.S. 8-19-101 and 102). <br /> <br />7. General. The laws of the State of Colorado and rules and regulations issued pursuant thereto shall be <br />applied in the interpretation, execution, and enforcement of this contract. Any provision of this contract <br />whether or not incorporated herein by reference which provides for arbitration by any extra-judicial body <br />or person or which is otherwise in conflict with said laws, rules, and regulations shall be considered null <br />and void. Nothing contained in any provision incorporated herein by reference which purports to negate <br />this or any other special provision in whole or In part shall be valid or enforceable or available in any <br />action at law whether by way of complaint, defence or otherwise. Any provision rendered null and void <br />by the operation of this provision will not invalidate the remainder of this contract to the extent that the <br />contract is capable of execution. <br /> <br />8. At all times during the perfonnance 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 state <br />agencies under the vendor offset intercept system for: (a) unpaid child support debt or child support <br />arrearages; (b) unpaid balance of tax, accrued interest, or other charges specified in Article 22, Title 39, <br />CRS; (c) unpaid loans due to the student loan division of the department of higher education; (d) owed <br />amounts required to be paid to the unemployment compensation fund; and (e) other unpaid debts owing to <br />the state or any agency thereof, the amount of which is found to be owing as a result of final agency <br />detennination or reduced to 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 provisions is <br />present. <br /> <br />11. The signatories aver that to their knowledge, no state employee has any personal or beneficial interest <br />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 />The Wood Lake Mutual <br />Water and Irrigation Company <br /> <br />Page 13 of 14 <br /> <br />Loan Contract <br />