Problems Facing the Tool and Die Industry, Hearings Before the Subcommittee on Special Small Business Problems of ... , 91-1, Pursuant to H. Res. 66 ... , May 20-31, June 3-4, and July 5, 1969

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Page 38 - The prudent, penniless beginner in the world, labors for wages awhile, saves a surplus with which to buy tools or land for himself, then labors on his own account another while, and at length hires another new beginner to help him. This is the just and generous and prosperous system, which opens the way to all, gives hope to all, and consequent energy and progress, and improvement of condition to all.
Page 253 - Officer** or (III) which results from willful misconduct or lack of good faith on the part of any of the Contractor's directors or officers, or on the part of any of his managers, superintendents, or other equivalent representatives, who has supervision or direction of...
Page 255 - Government's right to recover against third parties for any such loss, destruction, or damage and, upon the request of the Contracting Officer, shall, at the Government's expense, furnish to the Government all reasonable assistance and cooperation (including the prosecution of suit and the execution of instruments of assignment In favor of the Government) in obtaining recovery.
Page 220 - Government would accrue through overhead cost sharing and receipt of rental; or (c) To avoid an inequity to the contractor who is required, at the Government's request to retain the equipment in place, intermingled with contractorowned plant equipment required for the production of commercial orders. The commercial use shall not exceed 25 percent of the time available for all use (Government and commercial) based on the contractor's normal work schedule (as represented by the scheduled productive...
Page 253 - Government Property, or for expenses Incidental to such loss or damage, except that the Contractor shall be responsible for any such loss or damage (including expenses incidental thereto...
Page 220 - Over 6 to 10 years 1 Over 10 years % These rental rates shall be uniformly charged by all Government agencies in leasing Government-owned equipment when the rental charge is to be a periodic cash payment or when it is to be utilized in computing a contract price reduction and shall be levied on an equipment availability basis without regard to the character or extent of its use under such agreements. No exception to the rates shall be made without prior Office of Emergency Planning approval.
Page 253 - The Contractor shall maintain adequate property control procedures and records, and a system of Identification of the Facilities, In accordance with the provisions of Appendix B, "Control of Government Property in Possession of Contractors", or Appendix C, "Control of Government Property In Possession of Nonprofit Research and Development Contractors", of the NASA Procurement Regulation, as may be appropriate, in effect on the date of this contract.
Page 287 - Defense, shall be stored adjacent to manufacturing establishments only if there exists a known or anticipated defense mobilization need therefor at such location and if storage arrangements provide for the maintenance of the equipment in efficient operating condition. Where adjacent storage is not required to meet a known or anticipated defense mobilization need, the equipment should be placed in storage by the owning agencies under the most economical arrangements that are compatible with maintenance...
Page 253 - Contractor is otherwise reimbursed, but only to the extent of such insurance or reimbursement; provided that, if more than one of the above exceptions shall be applicable in any case, the Contractor's liability under any one exception shall not be limited by any other exception.
Page 107 - Mr. Chairman and members of the committee, thank you very much for this opportunity to testify.

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