Contract is renewed or extended. Contractor also agrees that any including, but not limited to, imposing sanctions, seeking proposed Assignee of this Contract will be required to certify that compliance, recovering damages, or declaring the Contractor in it is not on the Prohibited Entities List before the contract default. assignment will be approved by the State. The state agency reserves the right to reject any bid, request for During the term of the Contract, should the state agency receive assignment, renewal or extension for an entity that appears on the information that a person (as defined in State Finance Law Prohibited Entities List prior to the award, assignment, renewal is in violation of the above-referenced certifications, the state or extension of a contract, and to pursue a responsibility review agency will review such information and offer the person an with respect to any entity that is awarded a contract and appears opportunity to respond. If the person fails to demonstrate that it on the Prohibited Entities list after contract award. has ceased its engagement in the investment activity which is in violation of the Act within 90 days after the determination of such violation, then the state agency shall take such action as may be appropriate and provided for by law, rule, or contract, (January 2014)
Contract is renewed or extended. Contractor also agrees that any proposed Assignee of this Contract will be required to certify that it is not on the Prohibited Entities List before the contract assignment will be approved by the State. During the term of the Contract, should the state agency receive information that a person (as defined in State Finance Law is in violation of the above-referenced certifications, the state agency will review such information and offer the person an opportunity to respond. If the person fails to demonstrate that it has ceased its engagement in the investment activity which is in violation of the Act within 90 days after the determination of such violation, then the state agency shall take such action as may be appropriate and provided for by law, rule, or contract, including, but not limited to, imposing sanctions, seeking compliance, recovering damages, or declaring the Contractor in default. The state agency reserves the right to reject any bid, request for assignment, renewal or extension for an entity that appears on the Prohibited Entities List prior to the award, assignment, renewal or extension of a contract, and to pursue a responsibility review with respect to any entity that is awarded a contract and appears on the Prohibited Entities list after contract award. (January 2014)