Late Payments to Contractors by Federal Agencies: Hearing Before the Select Committee on Small Business, United States Senate, Ninety-fifth Congress, First Session ... Portland, Oreg., August 26, 1977 |
From inside the book
Results 1-5 of 100
Page 2
... interest would begin to accrue . I asked the Office of Federal Procurement Policy to implement this requirement by including such language in each Federal contract . Whether this contract clause is implemented or not , I intend to press ...
... interest would begin to accrue . I asked the Office of Federal Procurement Policy to implement this requirement by including such language in each Federal contract . Whether this contract clause is implemented or not , I intend to press ...
Page 3
... interest and appreciate the time that you are spending for us in this area . Thank you very much . Senator PACKWOOD ... interest when such payments are delayed . Payment of interest does not prevent or allevi- ate the significant cash ...
... interest and appreciate the time that you are spending for us in this area . Thank you very much . Senator PACKWOOD ... interest when such payments are delayed . Payment of interest does not prevent or allevi- ate the significant cash ...
Page 5
... interest on the amount belatedly paid to the contractor . The interest expense attrib- uted to these problems on this particular project approached a quarter of a million dollars and , as you can imagine , consumed virtually all profit ...
... interest on the amount belatedly paid to the contractor . The interest expense attrib- uted to these problems on this particular project approached a quarter of a million dollars and , as you can imagine , consumed virtually all profit ...
Page 7
... interest at the rate of one percent per month on the final payment due the contractor , interest to commence 30 days after the work under the contract has been completed and accepted and to run until the date when the final payment is ...
... interest at the rate of one percent per month on the final payment due the contractor , interest to commence 30 days after the work under the contract has been completed and accepted and to run until the date when the final payment is ...
Page 8
... Interest on such bonds or securities shall accrue to the contractor . ( 4 ) If the contractor elects , the retainage as accumulated shall be deposited by the public contracting agency in an interest - bearing account in a bank , savings ...
... Interest on such bonds or securities shall accrue to the contractor . ( 4 ) If the contractor elects , the retainage as accumulated shall be deposited by the public contracting agency in an interest - bearing account in a bank , savings ...
Other editions - View all
Common terms and phrases
17TH AVE AAFES Accounts Payable affirmative action agency Air Force Exchange AMENDED APPLICABLE REQUIREMENTS Army and Air ASBO August 15 award bill of lading BILL TO INVOICE Buy American Act CASTING AND PLASTIC charged on past clause COMPLETE SERVICE Contracting Officer Contractor agrees cost CUST CUSTOMER P.O. delivery DEPARTMENT OF LABOR DESCRIPTION ACCT DIE CASTING employees equivalent to 12 FAIR LABOR STANDARDS Federal Force Exchange Service furnished Government HANDLE GRIP HEREBY CERTIFIED Invoice Statement ISSUED UNDER SECTION LABOR ISSUED LABOR STANDARDS ACT MOLDING PLEASE REMIT month equivalent NAFI offer offeror Oreg P. O. BOX paperwork past due accounts PECO MANUFACTURING PERFORMED IN COMPLIANCE PLASTIC MOLDING PORTLAND procurement proposed purchase order QUANTITY PRICE receipt REGULATIONS AND ORDERS request REQUIREMENTS OF SECTION Robert Packwood SCAPPOOSE SECTION 14 THEREOF Senate Small Business Senator Bob Packwood Senator PACKWOOD SERVICES PERFORMED solicitation specific SPRING LEG subcontract WEIGHT SHIPPED
Popular passages
Page 178 - INSPECTION (a) All supplies (which term throughout this clause includes without limitation raw materials, components, intermediate assemblies, and end products) shall be subject to inspection and test by the Government, to the extent practicable at all times and places including the period of manufacture, and in any event prior to acceptance.
Page 73 - ... any fee, commission, percentage or brokerage fee, contingent upon or resulting from the award of this contract, and agrees to furnish information relating to (a) and (b) above as requested by the Contracting Officer. (For Interpretation of the representation, including the term "bona fide employee," see Code of Federal Regulations.
Page 175 - He further agrees that (except where he has obtained identical certifications from proposed subcontractors for specific time periods) he will obtain identical certifications from proposed subcontractors prior to...
Page 89 - Except as otherwise provided in this contract, acceptance shall be conclusive except as regards latent defects, fraud, or such gross mistakes as amount to fraud.
Page 33 - The decision of the Secretary or his duly authorized representative for the determination of such appeals shall be final and conclusive unless determined by a court of competent jurisdiction to have been fraudulent, or capricious, or arbitrary, or so grossly erroneous as necessarily to imply bad faith, or not supported by substantial evidence.
Page 75 - Equal Opportunity clause; that he will retain such certifications in his files; and that he will forward the following notice to such proposed subcontractors (except where the proposed subcontractors have submitted identical certifications for specific time periods) : NOTICE TO PROSPECTIVE SUBCONTRACTORS OF REQUIREMENT FOR CERTIFICATIONS OF NONSEGREGATED FACILITIES. A Certification of Nonsegregated Facilities...
Page 89 - Failure to agree to such reduction of price shall be a dispute concerning a question of fact within the meaning of the clause of this contract entitled "Disputes.
Page 89 - Supplies or lots of supplies which have been rejected or required to be corrected shall be removed, or, if permitted or required by the Contracting...
Page 75 - The certification may be submitted either for each subcontract or for all subcontracts during a period (ie, quarterly, semiannually, or annually) . NOTE: The penalty for making false statements in offers is prescribed in 18 USC 1001 or 15U.SC 714m(a).
Page 178 - The Contractor shall provide and maintain an inspection system acceptable to the Government covering the work hereunder. Records of all Inspection work by the Contractor shall be kept complete and available to the Government during the performance of this contract and for such longer period as may be specified elsewhere in this contract.