Laserfiche WebLink
The following associated charges and adjustments are obligations under this Contract, 0 <br />Adjuguiwnts <br />ADJUSTMENT TYPE AUTHOPITY AMOUNT <br />ADMINISTRATIVE EEE - GENERAL 30 CFR 228.4a 13 X66 <br />FREE-USE 36 CFR 228.62 SA7000 <br />Determination by the Au11110dZed Officer of tha quantity rrf,traterrels tekan Is binding on Purchaser subject 60 <br />appeal only as provided in Sec, 14. All materials in the contract artea in excetxs of the e6 IMSted quarAlty Ilsted <br />above are reserved by Government. <br />Sec. 3. Payments. passage of tdlt?ttad ri1k of Ip;.A. Title to materials sold hereunder passes to 1`30mhaser <br />immediately before excavation and upon proper payment for such materials. No part of the material sold <br />hereunder may be sevorod, oxtracted, or removed by Purchaser until payment for such materials has been <br />made in accordance vAth the following: <br />a. Urrlr,s5 rnat$rlals sold under IN8 con tract are Id far in full in advance, payment for materials must he <br />made in installments of not less than rdu each. The tir5i installment mast be paid upon approval <br />all this contract, <br />b. Each additional installment Is due and payable as billed by the Authorized Officer in advance of <br />removal of the remafnlno material. The first 1116011r Ont will be retained as additional security for the full and <br />faithful performance of this contract by Purchaser, and will hH applied in whole or in part to the payrriont rrf the <br />last installment required hereunder to make the total payment squall the total price set forth in Sec. 2, above. <br />The total purchase price must equal the eum of the total quuntities slivered, extra0Bd, or desioriatad thfirefor, <br />multiplied by their respective unit {prices. The balance due where less than a full installment remains to be <br />paid upon the total price will be the value of material remaining to be severed or eAracted. Each installment <br />wfll be held In suspense until the quantity of rnatedal covered thereby has been determined. The total <br />purattaeo price must be paid at least iso days before the expiration date of the contract. <br />Upon termination, if the total payments mado under the contract exceed the total value of the actual materials <br />removed, the excess Will be returned to Purchasor, except as noted In 36 CFR 228.86. <br />c. RiKk of luny; idiall tie txarnn by tiles party holding title to the mineral material at the time of loss except <br />that nnthing herein shall be construed to relieve either pony from liability for broach of contract or any wrongful <br />or negligent act. <br />$ec. 4, Stio1!Iv1iorti yn!t rrggrvrtt itViny. The riohls of Pumhaser are subject to the rogulatlons In 36 CFR 228r <br />Subpart C, which are made a part of this contract, and to the rdipulak n, it any, whirls arft atiarhad hereto and <br />made a part hemeof as Exhibit A. <br />Sao. S. Bands, <br />(a) PkirchuBer must file with the Authorized Ottic:er and musl[niHintein ad all 6illos the bond requireid <br />under the regulations to be furnished as a condition to the award of this contract in the amounts established by <br />the {authorized Officer and to furnish additional bonds or efxurily a3 the Authorized Officer may require, <br />(o if all terms of this contract are not faithfuuy and fully performed by Purchaser, the bond In the sum of <br />nfa <br />$ filed at the time of the signing of this contract will be forfeited to the 3rrtoUnt of damages