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other governmental officials authorized by law to monitor the contract or agreement and project site.
<br /> The Contractor's fiscal management system shall include the capability to provide accurate,current,and
<br /> complete disclosure of the financial status of any subsequent contract or agreement upon request.
<br /> Bonding
<br /> Performance bonds are required for construction projects costing in excess of One Hundred Thousand
<br /> Dollars($100,000). The Contractor shall furnish a performance bond in an amount equal to one
<br /> hundred percent(100%)of the contract price. Performance bonds may also be required in other
<br /> instances,with the bond percentage to be determined in the contract award.
<br /> Termination
<br /> The Buyer(s) may terminate this contract for convenience, in whole or in part,at any time by the
<br /> provision of written notice to the Contractor. The Contractor shall be paid its costs,including contract
<br /> close-out costs,and profit on work performed up to the time of termination. The Contractor shall
<br /> promptly submit its termination claim to be paid by the Contractor. If the Contractor has any property
<br /> in its possession belonging to the Buyer(s),the Contractor will account for the same and dispose of it in
<br /> the manner the Buyer(s)directs.
<br /> Equal Opportunity
<br /> Equal Employment Opportunity.Except as otherwise provided under 41 CFR Part 60,all contracts that
<br /> meet the definition of"federally assisted construction contract"in 41 CFR Part 60-1.3 must include the
<br /> equal opportunity clause provided under 41 C.F.R. §60-1.4(b),in accordance with Executive Order No.
<br /> 11246, "Equal Employment Opportunity,"42 U.S.C.§2000e note(30 Fed. Reg. 12319, 12935,3 C.F.R.
<br /> 1964-1965 Comp., p.339),as amended by Executive Order No. 11375, "Amending Executive Order No.
<br /> 11246 Relating to Equal Employment Opportunity,"(32 Fed. Reg. 14,303)and implementing regulations
<br /> at 41 CFR Part 60,"Office of Federal Contract Compliance Programs,Equal Employment Opportunity,
<br /> Department of Labor."
<br /> Special DOL EEO clause for Construction Projects
<br /> Federally Assisted Construction Contracts.Pursuant to 41 CFR§60-1.4(b)(1):The applicant[Recipient]
<br /> hereby agrees that it will incorporate or cause to be incorporated into any contract for construction
<br /> work,or modification thereof,as defined in the regulations of the Secretary of Labor at 41 CFR Chapter
<br /> 60,which is paid for in whole or in part with funds 64 obtained from the Federal Government or
<br /> borrowed on the credit of the Federal Government pursuant to a grant,contract,loan,insurance,or
<br /> guarantee,or undertaken pursuant to any Federal program involving such grant,contract,loan,
<br /> insurance,or guarantee,the following equal opportunity clause:
<br /> The applicant hereby agrees that it will incorporate or cause to be incorporated into any contract for
<br /> construction work, or modification thereof,as defined in the regulations of the Secretary of Labor at 41
<br /> CFR Chapter 60,which is paid for in whole or in part with funds obtained from the Federal Government
<br /> or borrowed on the credit of the Federal Government pursuant to a grant,contract,loan,insurance,or
<br /> guarantee,or undertaken pursuant to any Federal program involving such grant,contract,loan,
<br /> insurance,or guarantee,the following equal opportunity clause:During the performance of this
<br /> contract,the contractor agrees as follows:(1)The contractor will not discriminate against any employee
<br /> or applicant for employment because of race,color, religion,sex,sexual orientation,gender identity,or
<br /> national origin.The contractor will take affirmative action to ensure that applicants are employed,and
<br /> that employees are treated during employment without regard to their race,color, religion,sex,sexual
<br /> orientation,gender identity,or national origin.Such action shall include, but not be limited to the
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