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42. Substantial Performance. <br />This Contract shall be deemed to be substantially performed only when fully performed according <br />to its terms and conditions and any written amendments or supplements. <br />43. Taxes. <br />IHCDA is exempt from most state and local taxes and many federal taxes. IHCDA will not be <br />responsible for any taxes levied on the Contractor as a result of this Contract. <br />44. Termination for Convenience. <br />This Contract may be terminated, in whole or in part by IHCDA which shall include and is not <br />limited to the Indiana Department of Administration and the State Budget Agency whenever, for <br />any reason, IHCDA, IDOA or the State Budget Agency determines that such termination is in its <br />best interest. Termination of services shall be effected by delivery to the Contractor of a Termination <br />Notice at least thirty (30) days prior to the termination effective date, specifying the extent to which <br />performance of services under such termination may continue. The Contractor shall be <br />compensated for services properly rendered prior to the effective date of termination. IHCDA will <br />not be liable for services performed after the effective date of termination. The Contractor shall be <br />compensated for services herein provided but in no case shall total payment made to the Contractor <br />exceed the original contract price or shall any price increase be allowed on individual fine items if <br />canceled only in part prior to the original termination date. For the purposes of this paragraph, the <br />parties stipulate and agree that the Indiana Department of Administration shall be deemed to be a <br />party to this agreement with authority to terminate the same for convenience when such termination <br />is determined by the Commissioner of IDOA to be in the best interests of IHCDA. <br />45. Termination for Default. <br />A. With the provision of thirty (30) days' notice to the Contractor, IHCDA may terminate this <br />Contract in whole or in part if the Contractor fails to: <br />1. Correct or cure any breach of this Contract; the time to correct or cure the breach may be <br />extended beyond thirty (30) days if IHCDA determines progress is being made and the <br />extension is agreed by the parties; <br />2. Deliver the supplies or perform the services within the time specified in this Contract or any <br />extension; <br />3, Make progress so as to endanger performance of this Contract; or <br />4. Perform any of the other provisions of this Contract. <br />B. H IHCDA terminates this Contract in whole or in part, it may acquire, under the terms and in <br />the manner IHCDA considers appropriate, supplies or services similar to those terminated, and the <br />Contractor will be liable to IHCDA for any excess costs for those supplies or services. However, <br />the Contractor shall continue the work not terminated. <br />C. IHCDA shall pay the contract price for completed supplies delivered and services accepted. The <br />Contractor and IHCDA shall agree on the amount of payment for manufacturing materials <br />100029857-11 <br />Page 15 of 29 <br />