B-155976, FEB. 12, 1965

B-155976: Feb 12, 1965

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UNITED STATES COAST GUARD: REFERENCE IS MADE TO YOUR LETTER OF JANUARY 18.

B-155976, FEB. 12, 1965

TO ADMIRAL EDWIN J. ROLAND, COMMANDANT, UNITED STATES COAST GUARD:

REFERENCE IS MADE TO YOUR LETTER OF JANUARY 18, 1965, WITH ENCLOSURES, RECOMMENDING REMISSION OF THE LIQUIDATED DAMAGES ASSESSED AGAINST THE ABBEY ELECTRONICS CORPORATION UNDER CONTRACT NO. TCG 59,767-A.

BY VIRTUE OF THE AUTHORITY VESTED IN ME BY THE PROVISIONS OF 41 U.S.C. 256A, AND IN ACCORDANCE WITH YOUR RECOMMENDATION, I HEREBY APPROVE REMISSION OF THE LIQUIDATED DAMAGES ASSESSED UNDER THE CONTRACT, SUBJECT, HOWEVER, TO THE PAYMENT BY THE CONTRACTOR TO THE GOVERNMENT OF EQUIVALENT DAMAGES IT MIGHT RECOVER FROM ITS SUBCONTRACTOR ON ACCOUNT OF THE DELAY.