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Page 10
GENERAL INSTRUCTIONS FOR USE OF STANDARD CONTRACTOR'S
PROPOSAL FORMS In Presenting Settlement Proposals Arising From Total or
Partial Termination of Fixed Price Supply Contracts I. INSTRUCTIONS
APPLICABLE TO ...
GENERAL INSTRUCTIONS FOR USE OF STANDARD CONTRACTOR'S
PROPOSAL FORMS In Presenting Settlement Proposals Arising From Total or
Partial Termination of Fixed Price Supply Contracts I. INSTRUCTIONS
APPLICABLE TO ...
Page 11
In presenting all cost data on standard forms , the contractor should be guided by
the Statement of Principles for ... ( c ) Submit " A " Contractor's Settlement
Proposal - Summary Statement , which is the basis for the negotiation of a final ...
In presenting all cost data on standard forms , the contractor should be guided by
the Statement of Principles for ... ( c ) Submit " A " Contractor's Settlement
Proposal - Summary Statement , which is the basis for the negotiation of a final ...
Page 15
SCHEDULE ALI ) SETTLEMENTS WITH SUBCONTRACTORS Name of
Subcontractor or Date of Schedule Previously ... The amount shown here should
represent the total " Contractor's Settlement Proposal " copies of inventory
schedules ...
SCHEDULE ALI ) SETTLEMENTS WITH SUBCONTRACTORS Name of
Subcontractor or Date of Schedule Previously ... The amount shown here should
represent the total " Contractor's Settlement Proposal " copies of inventory
schedules ...
Page 33
The purpose of the administrative audit of a contractor's statement of a proposed
settlement is to determine that it is in accordance with the termination provisions
of the contract and is substantiated by the contractor's records and other ...
The purpose of the administrative audit of a contractor's statement of a proposed
settlement is to determine that it is in accordance with the termination provisions
of the contract and is substantiated by the contractor's records and other ...
Page 36
The audit procedure will be extended to inventories of supplies , tools , etc. ,
when they are an important factor in the contractor's proposed settlement .
SECTION II PHYSICAL INVENTORY 61. General . a . The purpose of these
procedures is ...
The audit procedure will be extended to inventories of supplies , tools , etc. ,
when they are an important factor in the contractor's proposed settlement .
SECTION II PHYSICAL INVENTORY 61. General . a . The purpose of these
procedures is ...
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Common terms and phrases
accordance accounting accuracy adjustment administrative allocable amount applicable appropriate approval attached audit auditor basis billed CERTIFICATE charges claims COLUMN completed computation connection consistent contracting officer contractor copy costs covering date of termination Department detail determine direct labor disposal credits distribution equipment examination Explanation extent Figure finished units Form given Government included indicated Indirect Factory Expenses individual instructions inventory inventory schedules involved less listed manual Manufacturing materials ment method necessary negotiated office review original overhead paragraph partial payments period personnel physical portion prepared presented Principles procedures profit proposed settlement purchase quantities rates reasonable received records reference representative respect Schedule settle settlement proposal sheet shown specific standard statement subcontractors submitted summary suppliers Supply Contracts supported termination Termination Notice tion Title total cost tract tractor undersigned units
Popular passages
Page 49 - ... (ii) the cost of settling and paying claims arising out of the termination of work under subcontracts or orders as provided in paragraph (b) (5) above, exclusive of the amounts paid or payable on account of supplies or materials delivered by the subcontractor prior...
Page 48 - Take such action as may be necessary, or as the Contracting Officer may direct, for the protection and preservation of the property related to this contract which is in the possession of the Contractor and in which the Government has or may acquire an interest.
Page 48 - Contracting officer, (i) the fabricated or unfabricated parts, work in process, completed work, supplies, and other material produced as a part of, or acquired in...
Page 52 - Such termination shall be effective In the manner and upon the date specified in said notice and shall be without prejudice to any claims which the Government may have against the Contractor.
Page 49 - Contractor under (1) and (2) of this paragraph (e) shall not exceed the total contract price as reduced by the amount of payments otherwise made and as further reduced by the contract price of work not terminated. Except for normal spoilage, and except to the extent that the Government shall have otherwise expressly assumed the risk of loss, there shall be excluded from the amounts payable to the...
Page 48 - The performance of work under this contract may be terminated by the Government in accordance with this clause in whole, or from time to time in part, whenever the Contracting Officer shall determine that such termination is in the best interest of the Government.
Page 48 - Settle all outstanding liabilities and all claims arising out of such termination of orders and subcontracts, with the approval or ratification of the...
Page 49 - Incurred pursuant to paragraph (b) (9); and any other reasonable cost Incidental to termination of work under this contract. Including expense incidental to the determination of the amount due to the Contractor as the result of the termination of work under this contract. The total sum to be paid to the Contractor under...
Page 49 - Government, but without duplication of any amounts agreed upon in accordance with paragraph (c), shall pay to the contractor...
Page 49 - In paragraph (b) (5) above, exclusive of the amounts paid or payable on account of supplies or materials delivered or services furnished by the subcontractor prior to the effective date of the Notice of Termination of work under this contract, which amounts shall be Included In the cost on account of which payment Is made under...