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<br />. <br /> <br />,,' <br /> <br />. <br /> <br />." <br /> <br />;0 <br /> <br />. <br /> <br />interest will be paid at the rate, established by the Sec;:ret,uy of ttle <br />Treasury as provided in the Act, which is applicable to the period during <br />which the contractinq officer receives the claim and then at the c~t$ <br />lIPPUclIble foc each six-lIIOnth pedod liS fixed by tbe Secretcuy dudn',l the <br />pendency of that claim. <br />(h) The Contractor shall proceed diligently with perfoc.ance or this <br />contract, pending final resolution of any request for celie-t, chilli, appeal or <br />action arising under the contract, and comply with any de~lsion of tbe <br />Contnettng Officer. (OAR 1-10].I2(al) <br /> <br />the Contractoc's ciailll to alllouflts parabl!!! ~lI1der the contract has been assigned <br />under the Assignl1lent of C!ablS Act of 1940. as allle-nded (31 U.S.C. 203, n <br />U.S.C. 15). a telease Iftay ah() be required of the ajs9i~nee. (OAR: 7-602.7) <br /> <br />7. PAYHENTS TO CONTRACTOR (1982 DEe) <br />(a) The Government will pay the contract price as hereinafter provided. <br />(b) The Government will make progress paymentQ monthly as the wQrk <br />proceeds, or at moce frequent intervals as determined by the Contracting <br />Officer, on estimates approved by the Contracting Officer. If requested by <br />the Contracting Officer, the Contractor shall furnish a breakdown of the tot~l <br />contract price showinq the amount included therein for each pdncipal cateqory <br />of the work, in such detail as requested, to provide a b'asis for determinlnq <br />proqress payments. In the preparation ot estimates the Contractinq Officer, <br />at his discretion, may authorize llIatedal delivered on the .ite and <br />preparatory work done to be taken into consideration. Hatedal delivered to <br />the Contractor at locations other than the site may also be taken into <br />consideration (1) if such consideration is specifically authorhed by the <br />contract and (2) if the Contractor furnishes satisfactory evidence that he has <br />acquired title to such material and that it will be utilized on the work <br />covered by this contract. <br />(cl In llIaking such progress payments, there shall be retained 10 percent <br />of the estimated amount until final completion and acceptance of the contract <br />work. However, if the CDntractiD9 Officer finds that satisfactory pr09ress <br />was achieved during any periOd for which a progress payment is to be lIade, he <br />.af authorize such payment to be made in full without retention of a <br />percentage. Also, wheneyer the work is substantially cOlllplete, the <br />Contracting Officer shall retain an alllOunt he considers adequate for the <br />protection of the Government, and, at his discretion, may release to the <br />Contractor all or a portion of any excess alllOunt. Furtherlllore, on completion <br />and acceptance of each separate building, pUblic work, or other division of <br />the contract, on which the price is stated separately in the contract, payment <br />may be made therefor without rete~tion of a percentage. <br />(d) All material and work covered by progress payments made shall <br />thereupon become the sole property of the Government, but this provision shall <br />not be construed as relieving the Contractor from the sole responsibility tor <br />all malerial and work upon which payments have been made or tbe refltorolltion of <br />any damayed work, or as waiving the right of the Government to require the <br />fulfillment of all of the terms of the contract. <br />(el The Contractor shall, upon request, be (eirabursed for the entire <br />amount of prellllullls paid for performance and payment bonds (including <br />coinsurance and reinsurance agreements, when applicable) and for any fees paid <br />to the Small Business Ad.inistration under the Sucety Bond Guarantee Progralll, <br />after furnishing evidence of full payment. <br />(fl upon compLetion and acceptance of all work, the amount due the <br />Contractur under this contract shall be paid upon the presentation of a <br />properly executed voucher and after the Contractor shall have furnished the <br />Government. wit.h a release of all claims a9ainst the Government: .arising by <br />virtue of this contract, other than claims in stated amounts as llIay be <br />specifically ellcepted by the COntractor frOM the operation of the release. If <br /> <br />Q. A8S1GN~NT OF CLAIMS (1916 OCT) <br />la. Pursu~nt to, the proviSiOn!! of t~e Assignment of ClaiRlS: Act of 1940, <br />~s "",ended 01 U.S.C. 20], 41 U.S.C. IS), if this cPntract prQvldes for <br />paynte"ta ag9re9~qF\9 $1,000 or more, c:lahl.8 for .~neys due DC to becollle d~e <br />t.h, Contl;aCtor trolll the Government under this COfltract may be assi~ne" to a <br />b.nk, tnllj.t COlllpanYf or 'other fin",nctnl,J insf;.1tution, inclucUng any Federlll <br />len(Ung agency, and lIla)' thec~aftel" be further assigned oilInd reassigned to il!ny <br />such institution. ~)' such assl",mlle(1t or reassi9nment stuill covet all alllOunts <br />payable un<ter this cQntr~ct anli not;. already paidf and Shall not ~ ~ade to <br />.ore th~n one party~ elCcept thdt any sl,lch assiqnlllent or reassignment may ~ <br />made to one P4rty a~ agent or tlustee for two oc more parties partici~tin9 in <br />such financing. Unlesl;I ot~erwise pcovi<ted in this contract, pay.ents t.o <br />oiIs"ignee of any moneys. <tlle or to beco"e due "nder this contract shall not, to <br />the eKtent provided in said Act, l!iS amended. be subject to reduction or <br />Setoff. (The precedinq sentence appU"s only if this contract is lIll!ide in tialQ <br />of war Of national emergency as defined in said Act and is with t.he Department <br />of Defense, the General Services Administration. the Energy Research and <br />DeveLopment Administration, the National Mronautics and Sp~ce "Adlllinistration, <br />the Federal Aviation Ad..inistl"atlQn, or any othe!: deMrtment or agency of the <br />United States de$ignate4 by th~ ~resident pursuant to Clause 4 of the <br />provlah>n of section 1 of the bsiqnment of Claims Act of 1940, as ".end!l!d by' <br />the Act ot M~y 15, 1951. 65 Stat. 4L.) , <br />(b) In no event shall copies of this contract or of any p~ans. <br />$peclfications, or other similar d~uaents relating to work under this <br />contr4ct, if marked .1Op Secret,. WSecret.' Of .Confidentl~l,w be fu~nish~d to <br />any assignee ot any cl~i. ariaing under this contract or to any other p~rson <br />not entitled t.o receive the same. However, a copy of any part Qr all of this <br />contra~t lJo lIafked may be furnished, or any information contained therein _y <br />be diSclOsed. to suet! assignee upon the prior written authorization of the <br />Cofltrilcting OUicer. (DAR 7-602.8) <br /> <br />9. MTERIAL AND WORKMANSHIP (1964 JUN) <br />(al UoleSG otherwise specifically provided in this contract, all <br />8q1,1ipmen!;, Illaterloll. and articles lncOcporated in the work covered by this <br />contract are to be new and of the IlIOst suitable grade fOI" the purpose <br />intended. Unless othecwise specificaifY Provided in this contract. reference <br />to any ~quipmenl;, material. article, or patented process, by trade name, ~ke, <br />or cataloq n~mber, shall be regarded as establishing a standacd of quality and <br />shall not be ~nstrued as U..itin9 competition, and the COnh"ac~or may. at his <br />option, use any equi~nt, Material. artiCle, or process which~ in the <br />j~dgment of the Contracting Of.flcer, is equal to that named. The Contractor <br />shall furnh;h to the Contractlnq Officer for his approval the nallle of the <br />manufiJcturer, the llIOdel number, and other ldentifyinq data and inforMatlon <br />respecting the perforl1lance, capacity, nature, and ratinq of the maChinery and <br />MechanicaL and other equipment which the COntractor contemplates incorporatinq <br />in the work. When required by this contract or when called for by the <br />Contractin!) OfflcQr, the- Contractor shall furnish the CQntractinq Officer fOr <br />approval full intormation conce[ninq the material or articles which he <br />contemplates incorporating in the work. When so directed. samples shall be <br />subcnitted fC;>r ~pprovllll at th. Contractor's expense, with all shippinCJ Charges <br />prepaid. H$chine[y. ~uir-ent, matexial, and articles installed or used <br /> <br />(l May 8]) <br /> <br />5 <br /> <br />(Canst. Gen. Prov.) <br /> <br />(1 May 8]) <br /> <br />6 <br /> <br />(Canst. Gen. Prov.) <br />