Section 820-RICR-00-00-4.5 - Model Contract Clause for ComplianceA. Insertion of the following provision in a Project borrower's construction contract or a provision in substantially similar form shall constitute compliance by a Project borrower with the requirements of this regulation: 1. "(the "Contractor") and any subcontractor working on the Project pursuant to the provisions of this contract shall, in all material respects, abide by all federal, state and local laws applicable to carrying out this contract including, without limitation, registering with the Rhode Island Contractor's Registration and Licensing Board (or any successor thereto as provided for by law from time to time) and shall have all necessary valid and effective licenses to carry out the contract. Contractor shall comply, in all material respects, with all applicable federal, state and local labor wage and hour, and employment laws including, but not limited to, the proper employment classification of workers and prevailing wage laws, if applicable."820 R.I. Code R. 820-RICR-00-00-4.5