Hearings, Reports and Prints of the Joint Committee on Defense Production

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Page 128 - Contractor: (I) the cost thereof (hereinafter referred to as "allowable cost") determined by the Contracting Officer to be allowable in accordance with — (A...
Page 137 - A release discharging the Government, its officers, agents, and employees from all liabilities, obligations, and claims arising out of or under this contract, subject only to the following exceptions...
Page 131 - Officer may have the invoices or vouchers and statements of cost audited. Each payment theretofore made shall be subject to reduction for amounts included in the related invoice or voucher which are found by the Contracting Officer, on the basis of such audit, not to constitute allowable cost. Any payment may be reduced for overpayments, or increased for underpayments, on preceding invoices or vouchers. (e) On receipt and approval of the invoice or voucher designated by the Contractor as the "completion...
Page 131 - On receipt and approval of the invoice or voucher designated by the contractor as the "Completion invoice" or "Completion voucher" and upon compliance by the contractor with all the provisions of this contract (including, without limitation, the provisions relating to patents and the provisions of...
Page 16 - ... affects commerce or the movement of any article or commodity in commerce, by robbery or extortion or attempts or conspires so to do, or commits or threatens physical violence to any person or property in furtherance of a plan or purpose to do anything in violation of this section shall be fined not more than $10,000 or imprisoned not more than twenty years, or both. "(b) As used in this section — "(2) The term 'extortion...
Page 137 - When the work under this contract (Including any supplies or services which are ordered separately under, or otherwise added to, this contract) Is Increased or decreased by contract modification or when any equitable adjustment In the target cost Is authorIzed under any other clause of this contract, equitable adjustments In the target cost, target fee, minimum fee. maximum fee, or any or all of them, as appropriate, shall be set forth In an amendment or supplemental agreement to this contract.
Page 99 - PRESIDENT Executive Order 11490 ASSIGNING EMERGENCY PREPAREDNESS FUNCTIONS TO FEDERAL DEPARTMENTS AND AGENCIES Whereas our national security is dependent upon our ability to assure continuity of government at every level, in any national emergency type situation that might conceivably confront the nation ; and Whereas effective national preparedness planning to meet such an emergency, including a massive nuclear...
Page 35 - I have offered, should helpt o improve the way in which we do business with the private sector. This concludes my statement. I will be pleased to respond to any questions the committee may ask. Senator PROXMIRE. Well, thank you very, very much for a most helpful presentation, Mr. Church, and I realize, of course, that you have made a very sincere effort to improve the procurement. At the same time I think you would agree that you have a long way to go and...
Page 132 - Any cost incurred by the Contractor under the terms of this contract which would constitute allowable cost under the provisions of this clause shall be included in determining the amount payable under this contract, notwithstanding any provisions contained in the specifications or other documents incorporated in this contract by reference, designating services to be performed or materials to be furnished by the Contractor at his expense or without cost to the Government.
Page 139 - Part 2 of Section XV of the Armed Services Procurement Regulation as In effect on the date of this contract; and...

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