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Addendum E <br />Housing Development Grant Provisions <br />Third Party Contracts <br />Section 1. Labor Standards <br />All laborers and mechanics (except laborers and mechanics employed by a <br />State and local government acting as the principal contractor on the <br />Project) employed in the development of a Project assisted under the <br />HDG program shall be paid wages at rates not less than those prevailing <br />on similar construction in the locality, as determined by the Secretary of <br />Labor in accordance with the Davis -Bacon Act, as amended, 40 U.S.C. <br />276a- 276a -S, and contracts involving their employment shall be subject to <br />the provisions, as applicable, of the Contract Work Hours and Safety <br />Standards Act, as amended, 40 U.S.C. 327 -333. The Grantee and the <br />Owner shall comply with regulations issued under the Act and with other <br />Federal laws and regulations pertaining to labor standards. <br />Section 2. Assurance of Governmental Approvals <br />(A) In accordance with section 6.02 of the Grant Agreement, the Grantee and <br />the Owner warrant that they have obtained, or have reasonable assurance <br />that they will obtain, all Federal, State and local governmental approvals <br />and reviews required by law to be obtained by the Grantee and the Owner <br />for the Project. Any such approvals which have not been obtained shall be <br />specified in Attachment A of this Agreement. <br />(B) Also in accordance with section 6.02 of the Grant Agreement, the Owner <br />warrants that it has not and shall not take any action which might have an <br />adverse environmental effect, would limit the choices among competing <br />environmental alternatives or might alter environmental premises on <br />which the Grantee's environmental findings were based. <br />Section 3. Completion of the Project <br />In accordance with section 6.03 of the Grant Agreement, the Owner <br />acknowledges that HUD, in selecting the Grantee for the award of this <br />HDG, relied in material part upon the assured completion of the Project <br />and that the Owner assures the Grantee that the activities to be <br />completed by the Owner shall be completed, in accordance with Exhibits <br />A, C, D and E of the Grant Agreement. <br />Section 4. Maintaining Records, Right to Inspect and Copy <br />In accordance with section 6.04 of the Grant Agreement: <br />(A) The Owner shall keep and maintain books, accounts, reports, files, records <br />and other documents relating to the receipt and disbursement of HDG <br />funds; and <br />154954 <br />