Text · page 9 of 24
This document was a scan. Its text was produced by character recognition and may contain errors; check the original for exact wording.
shall include provision for compliance with all applicable rules, regulations and project supporting requirements of Section 5310 of Chapter 53, Title 49, U.S. Code as the latter are specified in the contractor's Project Application. 9, Termination or Suspension. (a) The parties to. this Agreement may agree to terminate this Agreement at any time, according to mutually agreed upon terms and conditions which have been forwarded in writing to the Department for advance approval. Such terms and conditions shall include appropriate provision by the Contractor for the continuation of the Transportation Service to elderly individuals and/or individuals with disabilities as required in the Project application. Upon approval by the Department of such terms and conditions, this Agreement shall be terminated. (o) If the Carrier, before completion, discontinues the Transportation Service pursuant to this Agreement or if, for any reason, the commencement, prosecution or timely completion of these services by the Carrier is rendered improbable, impossible or illegal, the Contractor, by written notice to the Carrier and the Department, may terminate any or all of the Contractor's obligations under this Agreement or may suspend any or all of its obligations under this Agreement until the event or condition resulting in such suspension has ceased or been corrected. (c) Upon receipt of any such notice of termination or Suspension, the Carrier shall promptly carry out the actions required by such notice which may include any or all of the following: (1) termination or suspension of the use of Capital Equipment and such other action as the Contractor deems necessary; (2) furnishing a status report on the physical condition of the Capital Equipment; and (3) furnishing an estimate of the fair market value of the leased Capital Equipment. 10. Records and Documentation. The Carrier shall retain all data, reports, records, logs and other materials and information relating to activities covered by this Agreement for a period of (3) years following the termination date of the Service Period under this Agreement and shall make the same available to the Commissioner, the State Comptroller, the United States Secretary of Transportation and the Comptroller General of the United States, or their authorized representatives, for audit, inspection and copying, upon request.