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GENERAL TERMS AND CONDITIONS <br />INTERAGENCY AGREEMENT <br />FEDERAL FUNDS <br />with such delerminalion shall be a dispule within the meanirg of lhe "Dispules" clause of his conlrad. <br />COMMERCE may wilhhold from any amounts due the Conlraclor such sum as lhe Authorized <br />Represenlalive determines lo be necessary lo protecl COMMERCE againsl pdenlial loss or liability. <br />The righb and remedies of COMMERCE provided in lhis secllon shall not be exclusive and are in <br />addili on to any olher lights and remedies provided by law or under lhis corrlracl. <br />Aller receipl of a notice of lerminalion, and exced as dherwise direded by the Adhorized <br />Represenlalive, the Contrador shall: <br />A Stop work under lhc contract on tre dale, and to the exlenl specifi'ed, in {re nolice; <br />B. Place no futther orders or subconlracls for materials, servic,es, or facililies except as may be <br />neoessaly for complelion of such pution of lhe work under he contrad that b not lerminatedi <br />C. Assign lo COMMERCE, in lhe manner, al the limes, and lo lhe eilent direded by lhe Arrthorized <br />Represenlative' all of lhe righls, lille, and inleresl of fp Conlraclor under the orders and <br />subconlracls so lerminaled, in wfiich case COMMERCE hasthe righl. al ils discrelion. to settle orpay any o' all claims aribirg oul of lhe lerminaliion of such orders and subconlradsl <br />D. Seltle all oulslanding liabilities and all claims arising out of such lermination of orders and <br />subcontracls, vrith the approvat or ralifi calion of lhe Aulhorized Represenlatrive to lhe extent the <br />Aulhorized Represenlative may require, wfiich approval or ralification shall be final for all lhepurposes of lhis dause; <br />E. Transfer lille lo COMMERCE and deliver in the manner, al the limes, and to lhe exlent direcbd by <br />the Atthorized Representalive any properly rrdrich, if lhe conl rad had been compleled, would have <br />beenrequired to be furn'shed to COMMERCE; <br />F. Complde perfotmanceof such part of the work as shall nolhave beenlerminated by he Aulhod zed <br />Represenlalivei a4d <br />G. Take such actiion as rnay be neccssary. or as (re Aulhorized Represenlative may dired. for theprdection and preservation of lhe propaly relatsd to this conlrad, which is in lhepossession ol <br />the Contrador and in wlich the Aulhorized Reprcsenlalive has s may acquire an inlerest. <br />20. TREATMENTOFASSETS <br />litle to all properly fumished by COMMERCE shall remain in COMMERCE. Tit'e to all property <br />fumished by the Conlractor, f br lhe cosl of wlrich the Conlractor is enlilled to be reimbursed as a direct <br />ilem of cost under tlis contract. shall pass lo and vesl in COMMERCE upon detivery of such property <br />by he Conkaclor. Tille b otherproperty, the cost of wfiich is reimbursable lo the Coitraclor under lhiicontad, shall pass b and vest in COMMERCE upon (i) issuance for use of such property in lhe <br />petformance of lhis conlracl, or (ii) cornmencemerl of use of such properly in lhe performance of lhis <br />conltail, or (iii) reimbursemenl of lhe cosl lhereof by COMMERCE in whoie or in parl, whichever first <br />occurs, <br />A. Any propetty of COMMERCE furnislBd lo lhe Contraclor shall, unless otherwise provtded herein <br />or apprwed by COMMERCE, be used only for the performance ol thiscontracl, <br />B. TheContr,adorshallberesponsibleforanylossordamagebpropertydCOMMERCElhalresulls <br />from lhenegligenceof theContractororwhich resultstroh me failtreonthepaltoflheConlraclor <br />lo maintain and adminisler lhatproperly in accordance wilh sound managemenl practies. <br />C. lfanyCOMMERCE.propertyis_losl,destroyedordamaged.theContractorshallimmedialelynotify <br />COMMERCE and shall lake allreasonable steps to protect lhe properlyfrom further damage. <br />D, The Conlractor shall surrender to COMMERCE all property of COMMERCE prior lo sellement <br />upon cornplelion, lerrnination or cancellalion of lhis contrad <br />All reference lo the Contraclor under lhis clause shall also indude Conlraclo/s emptoye-.s, agents <br />or Subcontradors. <br />SElc ofWashlngtxn <br />DeFartmenl of Oomnrrce Velslon 0?2019 <br />P.0o9 <br />lnl€r€ency Agreemenl