Laserfiche WebLink
6.P. - Page 10 of 13 <br />E. Project Termination <br />Project Termination refers to the non -completion of a GRANT SCOPE. Any grant funds that <br />have not been expended by the GRANTEE shall revert to the STATE. <br />2. The GRANTEE may unilaterally rescind this CONTRACT at any time prior to the <br />commencement of the project. The commencement of the project means the date of the letter <br />notifying GRANTEE of the award or when the funds are appropriated, whichever is later. After <br />project commencement, this CONTRACT may be rescinded, modified or amended only by <br />mutual agreement in writing between the GRANTEE and the STATE, unless the provisions of <br />this contract provide that mutual agreement is not required. <br />3. Failure by the GRANTEE to comply with the terms of the (a) GUIDES, (b) any legislation <br />applicable to the ACT, (c) this CONTRACT as well as any other grant contracts, specified or <br />general, that GRANTEE has entered into with STATE, may be cause for suspension of all <br />obligations of the STATE unless the STATE determines that such failure was due to no fault of <br />the GRANTEE. In such case, STATE may reimburse GRANTEE for eligible costs properly <br />incurred in performance of this CONTRACT despite non-performance of the GRANTEE. To <br />qualify for such reimbursement, GRANTEE agrees to mitigate its losses to the best of its ability. <br />4. Any breach of any term, provision, obligation or requirement of this CONTRACT by the <br />GRANTEE shall be a default of this CONTRACT. In the case of any default by GRANTEE, <br />STATE shall be entitled to all remedies available under law and equity, including but not limited <br />to: a) Specific Performance; b) Return of all GRANT MONIES; c) Payment to the STATE of the <br />fair market value of the project property or the actual sales price, whichever is higher; and d) <br />Payment to the STATE of the costs of enforcement of this CONTRACT, including but not limited <br />to court and arbitration costs, fees, expenses of litigation, and reasonable attorney fees. <br />5. The GRANTEE and the STATE agree that if the GRANT SCOPE includes DEVELOPMENT, <br />final payment may not be made until the work described in the GRANT SCOPE is complete and <br />the GRANT PROJECT is open to the public. <br />F. Budget Contingency Clause <br />If funding for any fiscal year is reduced or deleted by the budget act for purposes of this program, <br />the STATE shall have the option to either cancel this contract with no liability occurring to the <br />STATE, or offer a CONTRACT amendment to GRANTEE to reflect the reduced grant amount. This <br />Paragraph shall not require the mutual agreement as addressed in Paragraph E, provision 2, of this <br />CONTRACT. <br />G. Hold Harmless <br />1. The GRANTEE shall waive all claims and recourse against the STATE including the right to <br />contribution for loss or damage to persons or property arising from, growing out of or in any way <br />connected with or incident to this CONTRACT except claims arising from the concurrent or sole <br />negligence of the STATE, its officers, agents, and employees. <br />2. The GRANTEE shall indemnify, hold harmless and defend the STATE, its officers, agents and <br />employees against any and all claims, demands, damages, costs, expenses or liability costs <br />arising out of the ACQUISITION, DEVELOPMENT, construction, operation or maintenance of <br />the property described as the project which claims, demands or causes of action arise under <br />W. <br />219 <br />