Contract - IHCDA - Mortgage Foreclosure Prevention Counseling

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Public Record. The Contractor acknowledges that IHCDA will not treat this Contract as containing confidential information, and will post this Contract on its website as required by Executive Order 05-07. Use by the public of the information contained in this Contract shall not be considered an act of IHCDA. Renewal Option. This Contract may be renewed under the same terms and conditions, subject to approval of the IHCDA Board of Directors, and in compliance with IC 5-22-17-4. The term of the renewed Contract may not be longer than the term of the original Contract. Severabili . The invalidity of any .section, subsection, clause or provision of this Contract shall not affect the validity of the remaining sections, subsections, clauses or provisions of this Contract. Substantial Performance. This Contract shall be deemed to be substantially performed only when fully performed according to its terms and conditions and any written amendments or supplements. Taxes. IHCDA is exempt from most state and local taxes and many federal taxes. IHCDA will not be responsible for any taxes levied on the Contractor as a result of this Contract. Termination for Convenience. This Contract may be terminated, in whole or in part by IHCDA which shall include and is not limited to the Indiana Department of Administration and the State Budget Agency whenever, for any reason, IHCDA, IDOA or the State Budget Agency determines that such termination is in its best interest. Termination of services shall be effected by delivery to the Contractor of a Termination Notice at least thirty (30) days prior to the termination effective date, specifying the extent to which performance of services under such termination may continue. The Contractor shall be compensated for services properly rendered prior to the effective date of termination. IHCDA will not be Iiable for services performed after the effective date of termination. The Contractor shall be compensated for services herein provided but in no case shall total payment made to the Contractor exceed the original contract price or shall any price increase be allowed on individual line items if canceled only in part prior to the original termination date. For the purposes of this paragraph, the parties stipulate and agree that the Indiana Department of Administration shall be deemed to be a party to this agreement with authority to terminate the same for convenience when such termination is determined by the Commissioner of IDOA to be in the best interests of IHCDA. Termination for Default. A. With the provision of thirty (30) days' notice to the Contractor, IHCDA may terminate this Contract in whole or in part if the Contractor fails to: (00028595-1) Page I4 of 39