INC.: REFERENCE IS MADE TO YOUR LETTER DATED SEPTEMBER 12. PARAGRAPH 10 OF THE CONTRACT PROVIDED THAT THE CONTRACTOR WOULD BE "LIABLE FOR ANY LOSS OR INJURY OF ANY MATERIAL STORED OR SERVICED UNDER THIS CONTRACT WHICH IS CAUSED BY THE CONTRACTOR'S FAILURE TO EXERCISE SUCH CARE IN REGARD TO SAID MATERIAL AS A REASONABLE CAREFUL OWNER OF SIMILAR MATERIAL WOULD EXERCISE. YOU CONTEND THAT YOU SHOULD N...

INC.: REFERENCE IS MADE TO YOUR LETTER OF DECEMBER 14. YOU ADVISE THAT SINCE YOUR INSURANCE COMPANY HAS REFUSED TO ACKNOWLEDGE ANY RESPONSIBILITY FOR THE GOVERNMENT'S CLAIM ON THE GROUNDS THAT YOU ARE NOT LIABLE FOR THE DAMAGE THAT OCCURRED. YOU ALSO ARE REQUIRED TO TAKE A LIKE POSITION. SUCH AMOUNTS AS ARE NECESSARY TO LIQUIDATE THE INDEBTEDNESS SINCE THIS ACTION WOULD RESULT IN AN EXTREME HARDSH...