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C153824 Contract
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C153824 Contract
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Last modified
3/7/2013 4:17:19 PM
Creation date
10/6/2006 12:26:44 AM
Metadata
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Template:
Loan Projects
Contract/PO #
C153824
Contractor Name
Preisser, Rodney J.
Contract Type
Loan
Water District
17
County
Lincoln
Bill Number
SPL
Loan Projects - Doc Type
Contract Documents
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<br />contract shall be delivered or mailed to the following addresses: <br />For the STATE: For the BORROWER: <br /> <br />Colorado Water Conservation Board <br />Attn: Construction Fund Section <br />1313 Sherman Street, Room 721 <br />Denver, CO 80203 <br /> <br />Rodney J. Preisser <br />90 South Cascade Avenue, Suite 950 <br />Colorado Springs, CO 80903 <br /> <br />D. SPECIAL PROVISIONS (6/97 version). These Special Provisions are required by Fiscal Rule 3-1 to <br />be used in every State contract, including grants. <br /> <br />CONTROLLER'S ApPROVAL <br /> <br />1. This contract shall not be deemed valid until it shall have been approved by the Controller of the <br />State of Colorado or such assistant as he may designate. This provision is applicable to any <br />contract involving the payment of money by the STATE. <br /> <br />FUND AVAILABILITY <br /> <br />2. Financial obligations of the State of Colorado payable after the current fiscal year are <br />contingent upon funds for that purpose being appropriated, budgeted, and otherwise made <br />available. <br /> <br />BOND REQUIREMENT <br /> <br />3. If this contract involves the payment of more than fifty thousand dollars for the construction, <br />erection, repair, maintenance, or improvement of any building, road, bridge, viaduct, tunnel, <br />excavation or other public work for this STATE, the CONTRACTOR shall, before entering upon the <br />performance of any such work included in this contract, duly execute and deliver to the STATE <br />official who will 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 payable by <br />the terms of this contract. Such bond shall be duly executed by a qualified corporate surety <br />conditioned upon the faithful performance of the contract and in addition, shall provide that if the <br />CONTRACTOR or his subcontractors fail to duly pay for any labor, materials, team hire, <br />sustenance, provisions, provendor or other supplies used or consumed by such CONTRACTOR <br />or his subcontractor in performance of the work contracted to be done or fails to pay any person <br />who supplies rental machinery, tools, or equipment in the prosecution of the work the surety will <br />pay the same in an amount not exceeding the sum specified in the bond, together with interest <br />at the rate of eight per cent per annum. Unless such bond is executed, delivered and filed, no <br />claim in favor of the CONTRACTOR arising under such contract shall be audited, allowed or paid. <br />A certified or cashier's check or a bank money order payable to the Treasurer of the State of <br />Colorado may be accepted in lieu of a bond. This provision is in compliance with C.R.S. 38-26- <br />106. <br /> <br />INDEMNIFICATION <br /> <br />4. To the extent authorized by law, the CONTRACTOR shall indemnify, save, and hold harmless the <br />STATE, its employees and agents, against any and all claims, damages, liability and court <br />awards including costs, expenses, and attorney fees incurred as a result of any act or omission <br />by the CONTRACTOR, or its employees, agents, subcontractors, or assignees pursuant to the <br />terms of this contract. <br /> <br />Rooney J. Preisser <br /> <br />Page 6 0/9 <br /> <br />Loan Contract <br />
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