Cost-plus-fixed-fee Contracts: Hearing Before the Committee on Naval Affairs, United States Senate, Seventy-seventh Congress, First Session, Relative to Cost-plus-fixed-fee Contracts, June 30, 1941 |
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Page 12
... months would pay for the equipment and the result is that there rapidly comes a point when there is considerable advantage in re- capture . How do you handle that ? Do you take any account of that ? Admiral MOREELL . What we do on ...
... months would pay for the equipment and the result is that there rapidly comes a point when there is considerable advantage in re- capture . How do you handle that ? Do you take any account of that ? Admiral MOREELL . What we do on ...
Page 16
... month and a half complaining of land - grant rights . Senator ELLENDER . Kicking ? Admiral MOREELL . Kicking about it ; yes , sir . Senator BONE . Wasn't legislation put through recently that elimi- nated these land - grant rates ...
... month and a half complaining of land - grant rights . Senator ELLENDER . Kicking ? Admiral MOREELL . Kicking about it ; yes , sir . Senator BONE . Wasn't legislation put through recently that elimi- nated these land - grant rates ...
Page 19
... months , such as these Army cantonments . You get in there and you bang out this contract and move off and get ... month job . Senator LUCAS . Let me ask you one further question that was developed by Senator Bone , and that is with ...
... months , such as these Army cantonments . You get in there and you bang out this contract and move off and get ... month job . Senator LUCAS . Let me ask you one further question that was developed by Senator Bone , and that is with ...
Page 20
... months and then turn it back . Senator LUCAS . That is another instance where every case hinges on its own circumstances ? Admiral MOREELL . Yes , sir . It is a matter of engineering judg- ment and analysis as to what you ought to do ...
... months and then turn it back . Senator LUCAS . That is another instance where every case hinges on its own circumstances ? Admiral MOREELL . Yes , sir . It is a matter of engineering judg- ment and analysis as to what you ought to do ...
Page 21
... month , and it isn't equitable to be asking that of the group within draft age and permitting under the same conditions these ab- normal and excessive profits . Admiral MOREELL . The point I was going to discuss , Senator , was that I ...
... month , and it isn't equitable to be asking that of the group within draft age and permitting under the same conditions these ab- normal and excessive profits . Admiral MOREELL . The point I was going to discuss , Senator , was that I ...
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Common terms and phrases
4½ percent accomplishment actual net cost Admiral MOREELL Alaska amount approval Aviation award basis building Bureau of Yards central office organization CHAIRMAN Chief of Bureau Civil Engineer Corps committee competitive bidding complete Comptroller construction contingent fees Contracting Officer contractor cost-plus contract cost-plus-a-fixed-fee COST-PLUS-FIXED-FEE CONTRACTS determined dump scow employees estimated cost executive facilities fee Fee fixed fee furnished Government hereof items of plant JOHNSTON ISLAND July Kaneohe Bay labor materials ment Midway Island months Naval Air Station Navy Department Navy Yard Negotiated contracts Officer in Charge operations otherwise authorized Pacific islands paid PALMYRA ISLAND parties payment personnel Philadelphia Navy Yard plans and specifications plant and equipment plant expense procedure profit projects provisions of ARTICLE reimburse Senator BONE Senator BYRD Senator ELLENDER Senator LUCAS shown in column submitted tion tract tractor United Western Pacific Yards and Docks York Navy Yard
Popular passages
Page 56 - ... supplies as have been mined or produced in the United States, and only such manufactured articles, materials, and supplies as have been manufactured in the United States...
Page 55 - District, which may require or involve the employment of laborers or mechanics shall contain a provision that no laborer or mechanic doing any part of the work contemplated by the contract, in the employ of the contractor or any sub-contractor contractIng for any part of said work contemplated, shall be required or permitted to work more than eight hours in any one calendar day...
Page 52 - Anything mentioned in the specifications and not shown on the drawings, or shown on the drawings and not mentioned in the specifications, shall be of like effect as if shown or mentioned in both. In case of difference between drawings and specifications, the specifications shall govern.
Page 60 - This warranty shall not apply to commissions payable by Contractors upon contracts or sales secured or made through bona fide established commercial or selling agencies maintained by the Contractor for the purpose of securing business.
Page 55 - ... for each laborer or mechanic for every calendar day in which such employee is required or permitted to labor more than eight hours upon said work without receiving compensation computed in accordance with this article, and all penalties thus imposed shall be withheld for the use and benefit of the Government...
Page 56 - States, or if articles, materials, or supplies of the class or kind to be used or the articles, materials, or supplies from which they are manufactured are not mined, produced, or manufactured, as the case may be, in the United States in sufficient and reasonably available commercial quantities and of a satisfactory quality.
Page 57 - If such changes cause an increase or decrease in the amount due under this contract, or in the time required for its performance, an equitable adjustment shall be made and the contract shall be modified in writing accordingly. Any claim for adjustment under this article must be asserted within...
Page 33 - A contract must be construed as a whole, and the intention of the parties is to be collected from the entire instrument, and not from detached portions, it being necessary to consider all of its parts in order to determine the meaning of any particular part, as well as of the whole.
Page 59 - Disputes. Except as otherwise specifically provided In this contract, all disputes concerning questions of fact arising under this contract shall be decided by the contracting officer subject to written appeal by the contractor within 30 days to the head of the department concerned or his duly authorized representative, whose decision shall be final and conclusive upon the parties thereto. In the meantime the contractor shall diligently proceed with the work as directed.
Page 65 - In witness whereof, the parties hereto have executed this contract as of the day and year first above written. THE UNITED STATES OF AMERICA, By...