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PAGE 9 OF 12 <br /> <br /> Section 15. Disposition of Project Equipment. The Contractor must dispose of all Project <br /> equipment in accordance with the provisions of state statutes or as directed by the Department. <br /> Fair market value shall be deemed to be the value of the property as determined by at least two <br /> (2) competent appraisals at the time of disposition. Loss of value as a result of negligence, <br /> maintenance practices of the Contractor, or other causes outside of normal use are the <br /> responsibility of the Contractor and may, at the discretion of the Department be added to the fair <br /> market value. <br /> <br /> (a) Loss of Project Equipment Due to Casualty or Fire. Fair market value shall be <br /> deemed to be equal to the damages paid by the ContractOr's insurance carrier or from the self- <br /> insured reserve account. In no event shall salvage valUe be considered as fair market value for <br /> Project equiPment. <br /> <br /> Section 16. Third Party Contracts and Lease Aqreement.~. The Contractor shall not <br />assign any portion of the work to be performed under this Agreement, or execute any contract, <br />amendment, or change order thereto, or obligate itself in any manner with any third party with <br />respect to its rights and responsibilities under this Agreement without the prior written <br />concurrence of the Department. Further, the Contractor shall incorporate the provisions of this <br />Agreement into any vehicle lease arrangement.and shall not enter into any vehicle lease <br />arrangement without the prior concurrence of the Department. Any lease approved by the <br />Department shall be subject to the conditions or limitations governing the lease of Project <br />equipment as set forth by the Department. <br /> <br /> Section 17. Prohibited Interest. No member, officer, or employee of the Department or of <br />the Contractor shall have any interest, direct or indirect, in this Agreement or the proceeds <br />therefrom. <br /> <br /> Section 18. Equal Employment Opportunity. 'In connection with the execution of this <br />Agreement, the Contractor shall not discriminate against any employee or applicant for <br />employment because of race, color, religion, sex, age or national origin. Such action shall <br />include, but not be limited to the following: employment, upgrading, demotion or transfer, <br /> <br /> <br />