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B-208856, NOV 4, 1982

B-208856: Nov 4, 1982

DIGEST: CLAIM FOR RETAINED FUNDS FROM A CONTRACT FOR SERVICES PERFORMED IN 1973 IS NOT BARRED BY THE 6-YEAR STATUTE OF LIMITATIONS. WHICH WAS COMPLETED ON APRIL 21. THE ISSUE PRESENTED BY THE CORPS IS WHETHER THE CLAIM IS BARRED BY THE STATUTE OF LIMITATIONS. WE FIND THAT THE CLAIM IS NOT BARRED AND MAY BE PAID BY THE CORPS IF OTHERWISE CORRECT. A COST-PLUS-FIXED-FEE CONTRACT WAS ENTERED ON APRIL...

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[Claim for Retained Funds]

B-208856: Nov 4, 1982

The Peace Corps requested an advance decision regarding the propriety of paying a firm's claim for reimbursement for services rendered in 1973. Specifically, GAO was asked to determine whether the claim was barred by the statute of limitations. In 1973, the firm entered into and completed the work for a cost-plus-fixed-fee contract with the Corps. According to the contract, the cost-plus rates wer...

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