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Contract – Counseling for Hardest Hit Funds Related to Housing Delinquency and Default - Indiana Housing and Community Development Authority (IHCDA)
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Contract – Counseling for Hardest Hit Funds Related to Housing Delinquency and Default - Indiana Housing and Community Development Authority (IHCDA)
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4/9/2025 8:45:07 AM
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2/26/2020 11:15:31 AM
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Board of Public Works
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Contracts
Document Date
2/25/2020
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B. Use of the Materials, other than related to contract performance by the Contractor, without the prior <br />written consent of IHCDA, is prohibited. During the performance of this Contract, the Contractor <br />shall be responsible for any loss of or damage to the Materials developed for or supplied by IHCDA <br />and used to develop or assist in the services provided while the Materials are in the possession of the <br />Contractor. Any loss or damage thereto shall be restored at the Contractor's expense. The Contractor <br />shall provide IHCDA full, inunediate, and unrestricted access to the Materials and to Contractor's <br />work product during the term of this Contract. <br />36. Payments. <br />A. All payments shall be made in arrears in conformance with State fiscal policies and procedures <br />and, as required by IC §4-13-2-14.8, the direct deposit by electronic funds transfer to the financial <br />institution designated by the Contractor in writing unless a specific waiver has been obtained <br />from the IHCDA Controller. No payments will be made in advance of receipt of the goods or <br />services that are the subject of this Contract except as permitted by IC §4-13-2-20. <br />B, As a further condition of payment, the Contractor shall complete in fiill and return to IHCDA a <br />federal Form W-9 (Request for Taxpayer Identification Number and Certification), the form of <br />which is attached hereto as Exhibit C and made a part hereof. <br />37. Pen alties/Interest/Attorney' s Fees. <br />IHCDA will in good faith perform its required obligations hereunder and does not agree to pay any <br />penalties, liquidated damages, interest, or attorney's fees, except as permitted by Indiana law, in part, <br />IC §5-17-5, IC §34-54-8, IC §34-13-1 and IC §34-52-2-3. <br />Notwithstanding the provisions contained in IC §5-17-5, any liability resulting from IHCDA's failure <br />to make prompt payment shall be based solely on the amount of funding originating from the State <br />and shall not be based on funding from federal or other sources. <br />38. Progress Reports. <br />The Contractor shall submit progress reports to IHCDA upon request. The report shall be oral, unless <br />IHCDA, upon receipt of the oral report, should deem it necessary to have it in written form. The <br />progress reports shall serve the purpose of assuring IHCDA that work is progressing in line with the <br />schedule, and that completion can be reasonably assured on the scheduled date. <br />39. Public Record, <br />The Contractor acknowledges that IHCDA will not treat this Contract as containing confidential <br />information. Use by the public of the information contained in this Contract shall not be considered <br />an act of IHCDA. <br />40. Renewal Option. <br />
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