Laserfiche WebLink
In addition to being authorized to do business in the State of Texas, the insurance <br />company must also be listed on the Department of Treasury Circular 5701isting the <br />Department's approved sureties. <br />11. INDEMNIFICATION <br />CONTRACTOR SHALL, TO THE FULLEST EXTENT PERMITTED BY LAWS AND <br />REGULATIONS, INDEMNIFY AND HOLD HARMLESS OWNER FROM AND <br />AGAINST ALL CLAIMS, DAMAGES, LOSSES AND EXPENSES (INCLUDING, BUT <br />NOT LIMITED TO, FEES OF ENGINEERS, ARCHITECTS, ATTORNEYS AND OTHER <br />PROFESSIONALS AND COURT COSTS) ARISING DIRECTLY, INDIRECTLY OR <br />CONSEQUENTIALLY OUT OF ANY ACTION, LEGAL OR EQUITABLE, BROUGHT <br />BY ANY SUCH OTHER PARTY AGAINST OWNER TO THE EXTENT BASED ON A <br />CLAIM ARISING OUT OF CONTRACTOR'S NEGLIGENT PERFORMANCE OF THE <br />WORK. IT IS THE EXPRESSED INTENT OF THE PARTIES HERETO THAT THE <br />INDEMNITY PROVIDED FOR IN THIS PARAGRAPH IS INDEMNITY BY <br />CONTRACTOR TO INDEMNIFY AND PROTECT OWNER FROM THE <br />CONSEQUENCES OF OWNER'S OWN NEGLIGENCE, WHEN THAT NEGLIGENCE <br />ON THE PART OF THE OWNER IS A CONCURRING CAUSE OF THE INJURY, <br />DEATH OR DAMAGE. <br />FURTHERMORE, THE INDEMNITY PROVIDED FOR IN THIS PARAGRAPH SHALL <br />HAVE NO APPLICATION TO ANY CLAIM, LOSS, DAMAGE, AND CAUSE OF <br />ACTION, SUIT AND LIABILITY WHERE THE INJURY, DEATH OR DAMAGE <br />RESULTS FROM THE SOLE NEGLIGENCE OF THE OWNER INDEPENDENT OF <br />THE FAULT OF ANY OTHER PERSON OR ENTITY. <br />12. ANTITRUST <br />CONTRACTOR hereby assigns to OWNER any and all claims for overcharges <br />associated with this contract which arise under the antitrust laws of the United States, <br />15 U.S.C.A.Sec.1 et seq. (1973) <br />13. PRICE OF MATERIALS AND SALES TAX <br />This contract is entered into by an organization which qualifies for exempt revisions <br />pursuant to the Texas Tax Code. The Contractor is responsible for separating the cost of <br />materials and labor to perform the work. <br />14. SUB-CONTRACTING <br />The bidder shall perform, within his own organization, work of a value of not less than <br />ninety-five (95%) percent of the value of all work embraced in the Contract exclusive of <br />SECTION II -4 <br />~ . 340 <br />