B-143897, SEP. 26, 1960

B-143897: Sep 26, 1960

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TO THE SECRETARY OF THE ARMY: REFERENCE IS MADE TO A LETTER DATED SEPTEMBER 2. IS HEREBY APPROVED. SINCE OUR APPROVAL FOR SUCH REMISSION IS BASED IN PART UPON THE ESTIMATED VALUE OF CERTAIN EXTRA WORK PERFORMED BY THE CONTRACTOR ON A VOLUNTARY BASIS. THE CORRESPONDENCE AND DOCUMENTS TRANSMITTED WITH THE ASSISTANT SECRETARY'S LETTER ARE RETURNED.

B-143897, SEP. 26, 1960

TO THE SECRETARY OF THE ARMY:

REFERENCE IS MADE TO A LETTER DATED SEPTEMBER 2, 1960, FROM THE ASSISTANT SECRETARY OF THE ARMY (LOGISTICS), RECOMMENDING THE REMISSION OF LIQUIDATED DAMAGES IN THE AMOUNT OF $10,220.70, ASSESSED AGAINST THE GRAND CENTRAL ROCKET COMPANY OF REDLANDS, CALIFORNIA, FOR DELAY IN DELIVERY OF SUPPLIES REQUIRED UNDER CONTRACT NO. DA 36-039-SC-80027, PURCHASE ORDER NO. 20139-FH-58, DATED MAY 12, 1958.

BY VIRTUE OF THE AUTHORITY CONFERRED BY SECTION 2312 OF TITLE 10, U.S.C. 70A STAT. 132, REMISSION OF LIQUIDATED DAMAGES UNDER THE ABOVE CITED CONTRACT, IN ACCORDANCE WITH THE ABOVE RECOMMENDATION, IS HEREBY APPROVED. SINCE OUR APPROVAL FOR SUCH REMISSION IS BASED IN PART UPON THE ESTIMATED VALUE OF CERTAIN EXTRA WORK PERFORMED BY THE CONTRACTOR ON A VOLUNTARY BASIS, PAYMENT OF THE AMOUNT OF $10,220.70 SHOULD BE MADE AS IN FULL AND FINAL SETTLEMENT OF ALL CLAIMS ARISING OUT OF THE CONTRACT.

THE CORRESPONDENCE AND DOCUMENTS TRANSMITTED WITH THE ASSISTANT SECRETARY'S LETTER ARE RETURNED.