Specifications include, but are not limited to: 1.1 Contractor will provide a comprehensive appraisal of the Property, and will perform all services and provide all goods necessary to develop and deliver such appraisal (collectively, the “Work”). The appraisal will conform to the Real Estate Appraisal Guidelines of The University of Texas System (the “Guidelines”), a copy of which is attached hereto and incorporated herein by reference. The appraisal report produced by Contractor (the “Appraisal Report”) will be subject to review and approval by UT. The Appraisal Report will be used by UT to aid in decisions regarding the Property. The appraisal(s) will be prepared by the following named person(s): . Contractor may not remove from the project which is the subject of this Agreement without the prior written consent of UT. The appraisal(s) will be completed by Contractor on or before , 20___. Upon approval by UT, Contractor will deliver to UT one hard copy original and one PDF of the final Appraisal Report. 1.2 UT and Contractor agree and acknowledge that UT is entering into this Agreement in reliance on Contractor's special and unique knowledge and abilities with respect to performing the Work. Contractor accepts the relationship of trust and confidence established between it and UT by this Agreement. Contractor covenants with UT to use its best efforts, skill, judgment, and abilities to perform the Work and to further the interests of UT in accordance with UT’s requirements and procedures, in accordance with the highest standards of Contractor’s profession or business and in compliance with all applicable national, federal, state and municipal, laws, regulations, codes, ordinances and orders and with those of any other body or authority having jurisdiction. Contractor warrants, represents, covenants, and agrees that there are no obligations, commitments, or impediments of any kind that will limit or prevent performance of the Work. 1.3 Contractor warrants, represents, covenants, and agrees to maintain a staff of properly trained, credentialed, and experienced personnel to ensure satisfactory performance of Contractor’s obligations under this Agreement.