41-U.S.C.-4707

§4707 – Remission of Liquidated Damages

Pathway

Title 41 > Subtitle I > Division C > Chapter 47 > Section 4707

Details

• Reference: Section 4707
• Legend: §4707 – Remission of Liquidated Damages
• USCode Year: 2013

Provision Content

When a contract made on behalf of the Federal Government by the head of a Federal agency, or by an authorized officer of the agency, includes a provision for liquidated damages for delay, the Secretary of the Treasury on recommendation of the head of the agency may remit any part of the damages as the Secretary of the Treasury believes is just and equitable.

(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3799.)

U.S. Encyclopedia of Law Coverage

41-U.S.C.-4502 in the Legal Encyclopedia: Public Contracts

In this entry about 41-U.S.C.-4502, find legal reference material, bibliographies and premiere content related to public contracts in the American Encyclopedia of Law, presenting a comprehensive view of the United States public contracts-specific issues, written by authorities in the field.

41-U.S.C.-4506 in the Legal Encyclopedia: Procurement

In this entry about 41-U.S.C.-4506, find legal reference material, bibliographies and premiere content related to procurement in the American Encyclopedia of Law, presenting a comprehensive view of the United States procurement-specific issues, written by authorities in the field.

Chapter 45 – Contract Financing in the Legal Encyclopedia: Federal Procurement Policy

In this entry about Chapter 45 – Contract Financing, find legal reference material, bibliographies and premiere content related to federal procurement policy in the American Encyclopedia of Law, presenting a comprehensive view of the United States federal procurement policy-specific issues, written by authorities in the field.

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