Common use of Contractor Changes Clause in Contracts

Contractor Changes. The Contractor shall notify DAS and the Department in writing no later than ten (10) Days from the effective date of any change in: a) its certificate of incorporation or other organizational document; b) more than a controlling interest in the ownership of the Contractor; or c) the individual(s) in charge of the Performance (only the Department, not DAS). This change shall not relieve the Contractor of any responsibility for the accuracy and completeness of the Performance. DAS or the Department, after receiving written notice by the Contractor of any such change, may require such agreements, releases and other instruments evidencing, to their satisfaction, that any individuals retiring or otherwise separating from the Contractor have been compensated in full or that provision has been made for compensation in full, for all work performed under terms of the Contract. The Contractor shall deliver such documents to DAS or the Department in accordance with the terms of DAS’s or the Department’s written request. DAS or the Department may also require, and the Contractor shall deliver, a financial statement showing that solvency of the Contractor is being maintained. The death of any Contractor Party, as applicable, shall not release the Contractor from the obligation to Perform under the Contract; the surviving Contractor Parties, as appropriate, must continue to Perform under the Contract until Performance is fully completed.

Contractor Changes. The Contractor shall notify DAS and the Department in writing no later than ten (10) Days from the effective date of any change in:: Contract Document RFP-50 Rev. 11/18/16 Prev. Rev. 8/16/16 a) its certificate of incorporation or other organizational document; b) more than a controlling interest in the ownership of the Contractor; or c) the individual(s) in charge of the Performance (only the Department, not DAS)Performance. This change shall not relieve the Contractor of any responsibility for the accuracy and completeness of the Performance. DAS or the DepartmentDAS, after receiving written notice by the Contractor of any such change, may require such agreements, releases and other instruments evidencing, to their DAS’s satisfaction, that any individuals retiring or otherwise separating from the Contractor have been compensated in full or that provision has been made for compensation in full, for all work performed under terms of the Contract. The Contractor shall deliver such documents to DAS or the Department in accordance with the terms of DAS’s or the Department’s written request. DAS or the Department may also require, and the Contractor shall deliver, a financial statement showing that solvency of the Contractor is being maintained. The death of any Contractor Party, as applicable, shall not release the Contractor from the obligation to Perform under the Contract; the surviving Contractor Parties, as appropriate, must continue to Perform under the Contract until Performance is fully completed.

Contractor Changes. The Contractor shall notify DAS and the Department in writing no later than ten (10) Days from the effective date of any change in: a) a. its certificate of incorporation or other organizational document;; Contract Document SP-50 Rev. 10/11/19 Prev. Rev. 7/18/19 b) b. more than a controlling interest in the ownership of the Contractor; or c) c. the individual(s) in charge of the Performance (only the Department, not DAS)Performance. This change shall not relieve the Contractor of any responsibility for the accuracy and completeness of the Performance. DAS or the DepartmentDAS, after receiving written notice by the Contractor of any such change, may require such agreements, releases and other instruments evidencing, to their DAS’s satisfaction, that any individuals retiring or otherwise separating from the Contractor have been compensated in full or that provision has been made for compensation in full, for all work performed under terms of the Contract. The Contractor shall deliver such documents to DAS or the Department in accordance with the terms of DAS’s or the Department’s written request. DAS or the Department may also require, and the Contractor shall deliver, a financial statement showing that solvency of the Contractor is being maintained. The death of any Contractor Party, as applicable, shall not release the Contractor from the obligation to Perform under the Contract; the surviving Contractor Parties, as appropriate, must continue to Perform under the Contract until Performance is fully completed.