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2023-08-18_GENERAL DOCUMENTS - M1977377
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2023-08-18_GENERAL DOCUMENTS - M1977377
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1/3/2024 2:52:58 PM
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DRMS Permit Index
Permit No
M1977377
IBM Index Class Name
General Documents
Doc Date
8/18/2023
Doc Name Note
Monarch Bond Forfeiture Project
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Project Summary Table <br /> State Agency Bid Number: <br /> Department of Natural Resources <br /> Division Name,("Division Acronym") <br /> Contractor Project Name and Purpose <br /> Insert Contractor's Full Legal Name,including"Inc.", Project name and brief description of project work <br /> "LLC",etc... <br /> Address <br /> Contract Maximum Amount Performance Time <br /> #Days Calendar Days <br /> OR <br /> Month Day,Year <br /> 1. PARTIES <br /> This Contract is entered into by and between Contractor named above and on the Signature Page for this <br /> Contract(the"Contractor'),and the State of Colorado acting by and through the State agency named above <br /> and on the Project Summary Table for this Contract(the"State"or"Division Acronym").Contractor and <br /> the State agree to the terms and conditions in this Contract. <br /> 2. TERM AND EFFECTIVE DATE <br /> a. The Effective Date for this Contract is the date on which this Contract is approved and signed by <br /> the Colorado State Controller or designee,as shown on the Signature Page for this Contract. <br /> b. This Contract shall not be valid or enforceable until the Effective Date.The State shall not be <br /> bound by any provision of this Contract before the Effective Date,and shall have no obligation to <br /> pay Contractor for any work performed or expense incurred before the Effective Date or after the <br /> expiration or earlier termination of this Contract. <br /> c. Contractor's performance under this Contract will not begin until the issuance of the Notice to <br /> Proceed as specified in the General Conditions(the"GCs"). <br /> d. The State is entering into this Contract to serve the public interest of the State of Colorado as <br /> determined by its Governor,General Assembly,or Courts.If this Contract ceases to further the <br /> public interest of the State,the State,in its discretion,may terminate this Contract in whole or in <br /> part <br /> 3. AUTHORITY <br /> Authority for the State to enter into this Contract exists ix 33-10-107(1)(d)C.R.S.The Contractor was Commented[1]:Note to Drafters: Update this referenced <br /> based on the applicable authority. This placeholder example <br /> selected under the procurement code,24-103-204 24-103-202 C.R.S. is specific to CPW. <br /> Commented[2]:Use for DQ1s <br /> 4. CONTRACT DOCUMENTS Commented[3]:Use for For IFBs <br /> The GCs and the Contract Documents described therein are all incorporated by reference and made a part <br /> of this Contract. <br /> 5. CONTRACTOR PERFORMANCE <br /> a. Contractor shall perform its obligations under this Contract in accordance with the professional <br /> standards of care,skill and diligence in Contractor's industry,trade,or profession to the <br /> Page 2 of 12 Rev.March 2023 <br />
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