All contracts shall include provisions to define a sound and complete agreement. In addition, contracts and subcontracts shall contain contractual provisions or conditions that allow for:

  1. Administrative, contractual, or legal remedies in instances where contractors violate or breach contract terms, including sanctions and penalties as may be appropriate. (All contracts in excess of the small purchase threshold.)
  2. Termination for cause and for convenience by the Gunnison Valley RTA or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000.)