Defense Industrial Base: Industrial Preparedness and Nuclear War Survival : Hearings Before the Joint Committee on Defense Production, Congress of the United States, Ninety-fourth Congress, Second Session, November 17, 1976
U.S. Government Printing Office, 1977 - Defense contracts
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actions addition administration aircraft allowable amount applicable appropriate areas basis believe budget capacity CHAIRMAN Church clause commitments Committee companies competition concerned Congress considered continue Contracting Officer contractor corporate cost decision defense industrial base defense procurement Defense Production Department Department of Defense determined direct economic effect efficient effort equipment established example excess existing fact final fiscal Force foreign going Government improve increased interest investment Joint Jones less major materials means meet ment military negotiation operations overhead rates particular payment percent performance period planning plant plant and equipment possible practices prepared prime problem procurement production production lines profit proposed question reasons recent recognize reduce requirements responsibility result schedule sector Senator PROXMIRE situation sources specific statement structure suppliers tion United weapon systems
Page 133 - Officer), the Contractor may submit to an authorized representative of the Contracting Officer, In such form and reasonable detail as such representative may require, an Invoice or public voucher supported by a statement of cost Incurred by the Contractor In the performance of this contract and claimed to constitute allowable cost.
Page 35 - This concludes my statement. I will be pleased to respond to any questions the committee may ask.
Page 137 - The Contractor agrees that any refunds, rebates, credits, or other amounts (including any interest thereon) accruing to or received by the Contractor or any assignee under this contract shall be paid by the Contractor to the Government, to the extent that they are properly allocable to costs for which the Contractor has been reimbursed by the Government under this contract.
Page 128 - Regulation as in effect on the date of this contract; and (B) the terms of this contract ; and (ii) such fixed fee, if any, as may be provided for in the Schedule. (b) Once each month (or at more frequent intervals, if approved by the Contracting Officer...
Page 134 - Allowable Cost, Fixed Fee, and Payment," the allowable Indirect costs under this contract shall be obtained by applying negotiated overhead rates to bases agreed upon by the parties, as specified below. (b) The contractor, as soon as possible but not later than ninety (90) days after the expiration of...
Page 133 - Disputes" clause of this contract. If for any fiscal year or other period specified In the Schedule of this contract the parties fall to agree to a predetermined overhead rate or rates It Is agreed that the allowable Indirect costs under this contract shall be obtained by applying negotiated final overhead rates In accordance with the terms of the...
Page 138 - Any such revision of negotiated provisional rates provided in the schedule shall be set forth in a modification to this contract. (f) Any failure by the parties to agree on any final rate or rates under this clause shall be considered a dispute concerning a question of fact for decision by the contracting officer within the meaning of the "Disputes
Page 137 - Government under this contract; and (ii) 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 73 - About the time a production line phases out production of one major government contract, it phases in production of a new one, usually within a year. In the case of new aircraft, which usually require a development phase of about three years, the production line normally is awarded the contract for the new system about three years before production of the old one is scheduled to phase out. In the case of new missiles, the development phase usually is about two years.