23-TDHCA HOME PROGRAM - Laserfiche WebLink

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or more for the rehabilitation, in whole or in part, of nonresidential praperty or the nonresidential portion of mixed-use property, the Contractor agrees to abide by Federal Labor Standards regulations. 8. CONDITION qF PREMISES: The Contractor agrees to keep the premises broom clean and orderly and to remove all debris as needed during the course af the worC, in order to maintain work conditions which do not cause health or safety hazards. 9. LEAD-BASED PAINT: The Contractor agrees to use na lead-based paint in the Contractor's performance of work under this Contract. "Lead-based paint" means any paint containing more than six one-hundredths ar one (1) per csnt fead by weight (caiculated as lead metal) in the total nonvolatile content of the paint or the equivalent measure of lead in the dried film of paint aiready applied. 10. TERMENATION: The Contractor agrees that the Owner shall have the right to declare the Contractor in default if the Contractor fails to fumish materials or pertorm work in accordance with the provisions of this Contract. In such event the Owner shall be responsible for providing written notice to the Contractor by registered mail of such defauit. if the Contractor fails to remedy such defauit within fifteen (15) days of such notice, the Owner shail have the right to select one or more substitute oontractors acceptable to the Contract Administrator. If the expense of finishing the worlc exceeds the balance not yet paid to the Contractor on this Contract, The Contractor shall pay the difference to the Owner. The Owner may use any holdback amount to compensate substitute contractors selected pursuant to this paragraph, and the Contractor shall have no further right to our interest in the holdback amount. 11. DISPUTE RESOLUTION: All claims or disputes between Ovmer and Contractor, or between Owner and Contract Administrator ar between Contractor and Contract Administration arising out of or related to the construction and/or rehabilitation work perfomned on the HOME assisted property shall be decided by arbitration in accordance with the consbruction industry arbitratian rules of the American Arbitration Associatian. The homeowner, contractor andlor Contractor Administrator shaN submit all disputes or claims, regardless of the extent of the worC's progress, to an arbitrator who is mutually agreed upon by all parties. Notice of the demand for arbitration shall be filed in writing with the other party to this agreement, and shall be made within a reasonable amount of time after the dispute has arisen. The award rendered by the arbitrator shall be final, and judgment may be entered upon it in acoordance with applicable law in any court having jurisdiction tfiereof. 12. INSPECTION: The U.S. Govemment, the Texas Department of Housing and Communiry Affaits, the Contract Administrator, and their designees shall have the right to inspect al1 work perFormed under this Contract. The Contractor and Owner will take all steps necessary to assure that the U.S. Govemment, the state, and the Contract Administrator, or their designees, are permitted to examine and inspect the Property, and atl contracts, materials, equipment, payralls, and conditions of employment pertaining to their work, including all relevant data and records. By such inspection, the U.S. Govemment, the State af Texas, and the Confract Administrator assume no responsibility to the Owner for defective material or work under this contract or to either party for any breach of this Contract by the other. 13. FINANCIAL INTEREST OR BENEFIT: AI1 Contract Administrators are required to comply with 24 CFR 92.356. The parties to this Contract agree that none of the following shall have ~ 269