§1726.255. Prior approved contract modifications related to indemnification.
7 C.F.R. § 1726.255
As an alternative to the indemnification provision required in RUS standard construction contract forms in those jurisdictions requiring specific language concerning the requirement that the indemnitor indemnify the indemnitee for the indemnitee's own negligence, the borrower may add the words “otherwise this provision shall apply to any alleged negligence or condition caused by the Owner” so that the first paragraph reads as follows:
As an alternative to the indemnification provision required in RUS standard construction contract forms in those jurisdictions that have a legal prohibition against one party indemnifying another for the other's negligence, the borrower may replace the words “defend, indemnify, and hold harmless” with the words “ shall pay on behalf of” so that the first paragraph reads as follows:
If the alternative indemnification provision in paragraph (a) or (b) of this section is chosen by the borrower, the language of paragraph (a) or (b) of this section would be inserted in lieu of paragraph (i) of the section indicated in the RUS standard construction contract forms as follows:
RUS Form 198, Equipment Contract, article IV, section 1(d).
RUS Form 200, Construction Contract— Generating, article IV, section 1(d).
RUS Form 257, Contract to Construct Buildings, article IV, section 1(d).
RUS Form 786, Electric System Communications and Control Equipment Contract, article IV, section 1(d).
RUS Form 790, Electric System Construction Contract— Non-Site Specific Construction, article IV, section 1(g).
RUS Form 830, Electric System Construction Contract— Project Construction, article IV, section 1(g).
Notes, amendments, and revision history
Amendments
[60 FR 10155, Feb. 23, 1995, as amended at 69 FR 7110, Feb. 13, 2004]
Authority
Authority: 7 U.S.C. 901 et seq., 1921 et seq., 6941 et seq.
Source
Source: 60 FR 10155, Feb. 23, 1995, unless otherwise noted.
Amendments
[60 FR 10155, Feb. 23, 1995, as amended at 69 FR 7110, Feb. 13, 2004]