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satisfaction of the State and its Project Manager in strict accordance with the provisions of the <br /> Contract Documents. <br /> b. The Contractor shall furnish all the work,labor and materials and perform all the work required <br /> for the complete and prompt execution of everything described or shown in,or reasonably implied <br /> from the Contract Documents above described project. <br /> c. The Contractor shall complete the entire project within the Performance Time as shown in the <br /> Project Summary Table. The Contractor shall begin work within ten days from the Notice to <br /> Proceed and to prosecute the work with due diligence to completion. The Contractor agrees that <br /> the completion of the project within the Performance Time is an essential feature of this Contract <br /> and agrees to proceed with due diligence,taking all precautions and making all necessary <br /> arrangements to ensure the completion of the work within the prescribed time. <br /> d. The Contractor agrees that failure to complete the work within the time allowed shall be <br /> considered as a breach of the Contract and entitle the State of Colorado to collect liquidated <br /> damages for delay in completion,in accordance with the bid documents. <br /> 6. PAYMENT <br /> The State shall pay the Contractor an amount not to exceed the Contract Maximum Amount specified in the <br /> Project Summary Table for performance of this Contract,subject to any additions or deductions as <br /> provided in the Contract Documents. Payments under this Contract are subject to the terms and conditions <br /> outlined in the GCs. Commented[4]:For Design/Build contracts(or those that <br /> include a Professional Services component)use the following <br /> paragraph here(choose one of the two highlighted sentences <br /> 7. GENERAL PROVISIONS and update the exhibit reference as necessary): <br /> a. Binding Effect <br /> "The State shall pay the Contractor an amount not to exceed <br /> Except as otherwise provided in the GCs,all provisions of this Contract,including the benefits and the Contract Maximum Amount specified in the Project <br /> burdens,shall extend to and be binding upon the Parties'respective successors and assigns. Summary Table for performance of this Contract,subject to <br /> b. Captions and References any additions or deductions as provided in the Contract <br /> Documents. For design services,payment shall be made <br /> The captions and headings in this Contract are for convenience of reference only,and shall not be based upon the rates specified in Exhibit A,Wage Rates, <br /> used to interpret,define,or limit its provisions.All references in this Contract to sections(whether which is attached hereto and made a part hereof by reference <br /> in accordance with the Contract requirements within the not- <br /> spelled out or using the§symbol),subsections,exhibits or other attachments,are references to to-exceed subtotal for design services in the Bid Schedule <br /> sections,subsections,exhibits or other attachments contained herein or incorporated as a part herein OR the lump sum fee for tasks and specific <br /> deliverables as outlined in the Bid Schedule. Payments <br /> hereof,unless otherwise noted. under this Contract for construction activities are subject to the <br /> c. Counterparts terms and conditions outlined in the GCs." <br /> This Contract may be executed in multiple,identical,original counterparts,each of which shall be <br /> deemed to be an original,but all of which,taken together,shall constitute one and the same <br /> agreement. <br /> d. Entire Understanding <br /> This Contract represents the complete integration of all understandings between the Parties related <br /> to the project,and all prior representations and understandings related to the project,oral or <br /> written,are merged into this Contract.Prior or contemporaneous additions,deletions,or other <br /> changes to this Contract shall not have any force or effect whatsoever,unless embodied herein. <br /> e. Jurisdiction and Venue <br /> All suits or actions related to this Contract shall be filed and proceedings held in the State of <br /> Colorado and exclusive venue shall be in the City and County of Denver. <br /> f. Modification <br /> Except as otherwise provided in this Contract,any modification to this Contract shall only be <br /> effective if agreed to in a formal amendment to this Contract,properly executed and approved in <br /> accordance with applicable Colorado State law and State Fiscal Rules. <br /> g. Statutes,Regulations,Fiscal Rules,and Other Authority <br /> Page 3 of 12 Rev.March 2023 <br />