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<br />1, CONTROLLER'S APPROVAL, CRS 24-30-202 (1)
<br />This cDntract shall not be deemed valid until it has been approved by the CDntroller of the State of
<br />Colorado or such assistant as he may designate,
<br />2, FUND AVAILABILITY, CRS 24-30-202 (5.5)
<br />Financial obligations of the State of' ColDrado payable after the current fiscai year are contingent upon
<br />funds for that purpose being apprDpriated, budgeted, and otherwise made available,
<br />3, INDEMNIFICATION.
<br />, The Contractor shall indemnify, save, and hold harmless the State, its employees and agents, against any
<br />and all claims, damages, liability and court awards including costs, expenses, and attorney fees incurred
<br />as a result Df any act or Dmission by the CDntractor, or its employees, agents, subcontractors, or
<br />assignees pursuant to the terms of this contract.
<br />4, INDEPENDENT CONTRACTOR. 4 CCR 801-2
<br />
<br />THE-CONTRAC1.QR SHALL PEBEQRM ITS DI)TII;$ HJ;RI;I,/NJ)~R 6~AN LND!::!"E,l'm_E~T _c9~JM.qQEl_A}JQ ~QJ,AS_AN
<br />EMPLOYEE, NEITHER THE CONTRACTOR NOR ANY AGENT OR EMPLOYEE OF THE CONTRACTOR SHALL BE OR
<br />SHALL BE DEEMED TO BE AN AGENT OR EMPLOYEE OF THE STATE, CONTRACTOR SHALL PAY WHEN DUE ALL
<br />REQUIRED EMPLOYMENT TAXES AND INCOME TAX AND LOCAL HEAD TAX ON ANY MONIES PAlO BY THE STATE
<br />PURSUANT TO THIS CONTRACT, CONTRACTOR ACKNOWLEDGES THAT THE CONTRACTOR AND ITS EMPLOYEES ARE
<br />NOT ENTITLED TO UNEMPLOYMENT INSURANCE BENEFITS UNLESS THE CONTRACTOR OR THIRD PARTY PROVIDES
<br />SUCH COVERAGE AND THAT THE STATE DOES NOT PAY FOR OR OTHERWISE PROVIDE SUCH COVERAGE,
<br />CONTRACTOR SHALL HAVE NO AUTHORIZATION, EXPRESS OR IMPLIED, TO BIND THE STATE TO ANY AGREEMENTS,
<br />LIABILITY, OR UNDERSTANDING EXCEPT AS EXPRESSLY SET FORTH HEREIN, CONTRACTOR SHALL PROVIDE AND
<br />KEEP IN FORCE WORKERS' COMPENSATION (AND PROVIDE PROOF OF SUCH INSURANCE WHEN REQUESTED BY
<br />THE STATE) AND UNEMPLOYMENT COMPENSATION INSURANCE IN THE AMOUNTS REQUIRED BY LAW, AND SHALL BE
<br />SOLELY RESPONSIBLE FOR THE ACTS OF THE CONTRACTOR, ITS EMPLOYEES AND AGENTS,
<br />5, NON-DISCRIMINATION.
<br />The contractDr agrees to comply with the letter and the spirit Df all applicabie state and federal laws
<br />respecting discrimination and unfair employment practices,
<br />6, CHOICE OF LAW,
<br />The laws of the State of Colorado and rules and regulations issued pursuant theretD shall be applied in the
<br />interpretation, execution, and enfDrcement of this cDntract. Any provision of this contract, whether or not
<br />incDrpDrated herein by reference, which provides for arbitration by any extra-judicial body or person or
<br />which Is otherwise in cDnftict with said laws, rules, and regulations shall be cDnsidered null and void,
<br />Nothing cDntained in any provision incorporated herein by reference which purports to negate this or any
<br />other special prDvision in whDle Dr in part shall be valid or enfDrceable or available in any action at law
<br />whether by way of complaint, defense, or otherwise, Any provjsion rendered null and void by the operation
<br />Df this provision will nDt invalidate the remainder of this contract to the extent that the contract is capable
<br />Df execution,
<br />At all times during the performance of this contract, the Contractor shall strictly adhere to all applicable
<br />federal and State laws, rules, and regulations that have been Dr may hereafter be established,
<br />7, VENDOR OFFSET. CRS 24-30-202 (1) &CRS 24-30-202,4
<br />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 fDr: (a) unpaid child support debt or child support
<br />arrearages; (b) unpaid balance of tax, accrued interest, or Dther charges specified in Arlicle 21, Title 39,
<br />CRS; (c) unpaid loans due to the Student Loan Division of the Department of Higher EducatiDn; (d) owed
<br />amounts required to be paid to the Unemployment Compensation Fund: and (e) other unpaid debts owing
<br />to the State Dr any agency thereof, the amount of which is found to be owing as a result of final agency
<br />determinatiDn Dr reduced to judgment as certified by the contrDller,
<br />8, EMPLOYEE FINANCIAL INTEREST, CRS 24-18-201 & CRS 24-50-507
<br />The signatories aver that to their knowledge, no employee of the State of Colorado has any personal or
<br />beneficial interest whatsDever in the service or prDperty described herein,
<br />
<br />Revised: 12/1/01
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<br />Loan Contract
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