B-167176, JUL. 28, 1969

B-167176, JUL. 28, 1969

CONTRACTS - REMISSION OF LIQUIDATED DAMAGES DECISION ON BEHALF OF OLD DOMINION MANUFACTURING COMPANY THAT GAO WILL TAKE APPROPRIATE STEPS TO WAIVE REMAINING LIQUIDATED DAMAGES IN AMOUNT OF $79,615.83 UPON FINAL PAYMENT. PERMISSION TO PAY REMAINING SUM OF $23,191.50 IN INSTALLMENTS OVER A 6- MONTH PERIOD IS GRANTED. ARRANGEMENTS FOR PAYMENT SHOULD BE MADE WITH NAVY DEPARTMENT FOR DEPOSIT AS A MISCELLANEOUS RECEIPT WITH DEPARTMENT OF TREASURY.

TO DOUGLAS, RAVENEL, HARDY AND CRIHFIELD:

WE HAVE RECEIVED YOUR LETTER OF JULY 11, 1969, ON BEHALF OF YOUR CLIENT, OLD DOMINION MANUFACTURING COMPANY, IN REGARD TO THE RECOMMENDATION BY THE ASSISTANT SECRETARY OF THE NAVY FOR REMISSION OF LIQUIDATED DAMAGES IN THE AMOUNT OF $79,615.83 ASSESSED UNDER CONTRACT NO. N600/19/58268.

THE PROPOSED ARRANGEMENT FOR SETTLEMENT OF THE REMAINING SUM OF $23,191.50 THROUGH INSTALLMENT PAYMENTS OVER A SIX-MONTH PERIOD IS SATISFACTORY TO THIS OFFICE. HOWEVER, INASMUCH AS THIS CLAIM WAS RETURNED BY THIS OFFICE, BY LETTER OF FEBRUARY 1, 1965, DW-1300228 (3/ JM, TO THE DEPARTMENT OF THE AIR FORCE, AND SUBSEQUENTLY TRANSFERRED FOR COLLECTION BY LETTER OF FEBRUARY 4, 1965, TO THE NAVY PURCHASING OFFICE, ARRANGEMENT FOR PAYMENT SHOULD BE MADE WITH THAT DEPARTMENT FOR DEPOSIT AS A MISCELLANEOUS RECEIPT WITH THE DEPARTMENT OF THE TREASURY.

UPON MAKING FINAL PAYMENT, YOU SHOULD REQUEST THE APPROPRIATE ACCOUNTING OFFICIAL TO ADVISE THIS OFFICE WITH REFERENCE TO FILE B 167176. THEREUPON, THIS OFFICE WILL TAKE APPROPRIATE STEPS TO WAIVE THE REMAINING LIQUIDATED DAMAGES IN THE AMOUNT OF $79,615.83.