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(B) A copy of the first page and signature page of the subcontract <br /> (C) Such additional information as may be reasonably requested in %yriting by the City to ensure <br /> compliance with the foregoing provisions. including without limitation copies of the Contractor's sales <br /> and use tax returns and schedules of purchases of materials, fixtures. equipment. and machinery. <br /> CONTRACTOR ACKNOWLEDGES AND AGREES THAT THE CITY IS A THIRD PARTY <br /> BENEFICIARY OF THE FOREGOING PROVISIONS AND THAT CONTRACTOR'S AGREEMENT <br /> TO COMPLY WITH SUCH PROVISIONS FOR THE BENEFIT OF THE CITY IS A MATERIAL <br /> INDUCEMENT TO OWNER IN ENTERING INTO THIS CONTRACT. CONTRACTOR FURTHER <br /> AGREES THAT ANY FAILURE BY CONTRACTOR TO COMPLY WITH THE FOREGOING <br /> PROVISIONS MAY BE DIRECTLY ENFORCED BY THE CITY. WITHOUT LIMITING THE <br /> REMEDIES OR OWNER OR THE CITY. THE CITY SHALL HAVE THE RIGHT TO SEEK, AS <br /> DAMAGES. THE FULL AMOUNT OF ANY SALES AND USE TAXES NOT ALLOCATED TO THE <br /> CITY AS A RESULT OF CONTRACTOR'S FAILURE TO COMPLY WITH THE FOREGOING <br /> PROVISIONS, WITHOUT REGARD TO WHETHER CONTRACTOR OR ITS SUBCONTRACTORS <br /> PAID SUCH SALES AND USE TAX. TOGETHER WITH INTEREST AT THE LOWER OF 10% OR <br /> THE HIGHEST INTEREST RATE ALLOWED BY LAW. <br /> -24- <br />