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Contract - IHCDA - Mortgage Foreclosure Prevention Counseling
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Contract - IHCDA - Mortgage Foreclosure Prevention Counseling
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3/28/2025 4:24:44 PM
Creation date
8/9/2017 2:45:21 PM
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Board of Public Works
Document Type
Contracts
Document Date
8/8/2017
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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 patties; <br />Deliver the supplies or perform the services within the time specified in this Contractor any extension; <br />Make progress so as to endanger performance of this Contract; or <br />Perform any of the other provisions of this Contract. <br />If IHCDA terminates this Contract in whole or in part, it may acquire, under the terms and in the <br />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, the <br />Contractor shall continue the work not terminated. <br />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 delivered <br />and accepted and for the protection and preservation of the property. Failure to agree will be <br />a dispute under the Disputes clause. IHCDA may withhold from these amounts any sum IHCDA <br />determines to be necessary to protect IHCDA against loss because of outstanding liens or claims of <br />former lien holders. <br />The rights and remedies of IHCDA in this clause are in addition to any other rights and remedies provided <br />by law or equity or under this Contract. <br />This Contract may be suspended and/or terminated immediately if the Contractor has breached, <br />defaulted, or committed fraud under this Contract or another contract between the Contractor and <br />IHCDA. Further, Contractor's breach or default of other agreements or obligations related to this <br />Contract shall constitute a material breach of this Contract. <br />Travel. Intentionally omitted. <br />Indiana Veteran's Business Enterprise Compliance. Deleted; not applicable. <br />Waiver of Rights. <br />No right conferred on either party under this Contract shall be deemed waived, and no breach of this <br />Contract excused, unless such waiver is in writing and signed by the party claimed to have waived <br />such right. Neither IHCDA's review, approval or acceptance of, nor payment for, the services <br />required under this Contract shall be construed to operate as a waiver of any rights under this Contract <br />or of any cause of action arising out of the performance of this Contract, and the Contractor shall be <br />and retrain liable to IHCDA in accordance with applicable law for all damages to IHCDA caused by <br />the Contractor's negligent performance of any of the services furnished under this Contract. <br />Work Standards. <br />The Contractor shall execute its responsibilities by following and applying at all times the highest <br />professional and technical guidelines and standards. If IHCDA becomes dissatisfied with the work <br />product of or the working relationship with those individuals assigned to work on this Contract, <br />IHCDA may request in writing the replacement of any or all such individuals, and the Contractor <br />{ao028595-1 } <br />Page 15 of 39 <br />
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