B-167526, AUG. 1, 1969

B-167526, AUG. 1, 1969

CONTRACTS - REMISSION OF LIQUIDATED DAMAGES DECISION TO THE SECRETARY OF THE NAVY APPROVING REMISSION OF LIQUIDATED DAMAGES IN AMOUNT OF $188,869 TO C.T.M.CO., INC., PURSUANT TO 41 U.S.C. 256A.

TO MR. SECRETARY:

REFERENCE IS MADE TO LETTER OF JULY 17, 1969, FROM THE ASSISTANT SECRETARY OF THE NAVY (INSTALLATIONS AND LOGISTICS), RECOMMENDING THE APPROVAL OF THE APPLICATION OF THE C.T.M. CO., NC., FOR REMISSION OF LIQUIDATED DAMAGES IN THE AMOUNT OF $188,869 ASSESSED FOR DELAYS IN PERFORMANCE UNDER CONTRACT N383/19-MIS-383) 94993A.

BY VIRTUE OF THE AUTHORITY VESTED IN ME BY THE PROVISIONS OF 41 U.S.C. 256A, AND IN ACCORDANCE WITH THE ADMINISTRATIVE RECOMMENDATION, I HEREBY APPROVE REMISSION OF THE LIQUIDATED DAMAGES.