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DWR_2716840
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DWR_2716840
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Last modified
11/26/2018 1:56:52 PM
Creation date
3/2/2015 10:50:23 AM
Metadata
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Template:
Division Filing
Document Date
2/27/2015
Document Type - Division Filing
Correspondence
Division
2
WDID
1707700
Subject
PILOT PROJECT - CATLIN CANAL CATLIN FALLOWING-LEASING PILOT PROJECT - TERM AND CONDITION #27
DWR Send/Recipient
BILL TYNER, ASSISTANT DIVISION ENGINEER
Outside Send/Recipient
LEAH K. MARTINSSON
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io. 21110410 1 <br />1. The Contractor shall be subject to interest, administrative, and penalty charges on <br />delinquent payments. If a payment is not received by the due date, the Contractor shall pay an <br />interest charge on the delinquent payment for each day the payment is delinquent beyond the due <br />date. If a payment becomes 60 days delinquent, the Contractor shall pay, in addition to the <br />interest charge, an administrative charge to cover additional costs of billing and processing the <br />delinquent payment. If a payment is delinquent 90 days or more, the Contractor shall pay, in <br />addition to the interest and administrative charges, a penalty charge for each day the payment is <br />delinquent beyond the due date, based on the remaining balance of the payment due at the rate of <br />six (6) percent per year. The Contractor shall also pay any fees incurred for debt collection <br />services associated with a delinquent payment. <br />2. The interest rate charged shall be the greater of either the rate prescribed quarterly in <br />the Federal Register by the Department of the Treasury for application to overdue payments, or <br />the interest rate of 0.5 percent per month. The interest rate charged will be determined as of the <br />due date and remain fixed for the duration of the delinquent period. <br />3. When a partial payment on a delinquent account is received, the amount received shall <br />be applied first to the penalty charges, second to the administrative charges, third to the accrued <br />interest, and finally to the overdue payment. <br />• 11 • • FF112 111 1, . 1111 1111111 ;•, Ill <br />The expenditure or advance of any money or the performance of any obligation of the <br />Bureau of Reclamation under this Contract shall be contingent upon appropriation or allotment <br />of funds. Absence of appropriation or allotment of funds shall not relieve the Contractor from <br />any obligations under this Contract. No liability shall accrue to the United States in case funds <br />are not appropriated or allotted. <br />No Member of, or Delegate to, Congress, Resident Commissioner, or official of the <br />Contractor shall benefit from this Contract other than as a water user or landowner in the same <br />manner as other water users or landowners. <br />C1 <br />
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