(1) If the sum of the total costs incurred under a contract plus the estimated costs to complete the performance are likely to exceed the contract price, the contracting officer shall compute a loss ratio factor and adjust future progress payments to exclude the element of loss. (3) Provision of Government financing shall be conditioned upon a contractor certification that the assets subject to the lien are free from any prior encumbrances.            (1) Supplies being acquired; If the application pertains to a type of contract described in 32.403(a) or (b), the contractor shall limit the forecast to the contract to be financed by advance payments. This section covers matters that are generally relevant only after award of a contract. Please return to the undersigned the three enclosed copies of this notice with appropriate notations showing the date and hour of receipt, and signed by the person acknowledging receipt on behalf of the addressee. NOTE 1: Clause 10.10 contains additional rostering provisions for part-time employees. (7) The comparative prices available from other sources. (a) When the reliability of the contractor and the adequacy of the contractor’s accounting system and controls have been established (see 32.503-3 of this section) the ACO may, in approving any particular progress payment request (including initial requests on new contracts), rely upon that accounting system and upon the contractor’s certification, without requiring audit or review of the request before payment. Contract price       (a) Mortgages on fixed assets. (e) Government-caused delay. (2) In the subcontract terms on reports and access to records, the contractor shall not delete the references to "Contracting Officer" and "Government" in adapting paragraph (g) of the Progress Payments clause in the contract, but may expand the terms as follows: (i) The term "Contracting Officer" may be changed to "Contracting Officer or Prime Contractor. The agreement should give the financing institution the benefit, with regard to payments to be made on the contract, of the portion of its loans fairly attributable to expenditures made under the bonded subcontracts before notice of default. (1) The contractor must comply with all material requirements of the contract. (a) If the contractor or offeror meets the standards prescribed for responsible prospective contractors at 9.104, the contracting officer shall not treat the contractor’s need for contract financing as a handicap for a contract award; e.g., as a responsibility factor or evaluation criterion. (b) This subpart does not apply to contract financing payments (see definition at 32.001).                 (i) Written notice of release of the contractor by the assigning financing institution; (iii) Different arrangements agreed under clause 15.7(d)(ii) must be recorded in the time and wages record. (4) When it is determined that the designated billing office erroneously rejected a proper invoice and upon resubmission of the invoice, will enter in the payment system the original date the invoice was received by the designated billing office for the purpose of calculating the correct payment due date and any interest penalties that may be due. (a) Since the clause at 52.232-32, Performance-Based Payments, gives the Government title to the property described in paragraph (f) of the clause, the contracting officer shall ensure that the Government title is not compromised by other encumbrances. This subpart provides policies and procedures for commercial financing arrangements under commercial purchases pursuant to part  12. If recommending approval, the contracting officer shall transmit the following, under agency procedures, to the approving authority: The installment payment arrangement is designed to reduce administrative costs. However, if a contract will have a large number of deliveries, the administrative costs may increase to the point where installment payments are not in the best interests of the Government. (2) A distribution of the principal amount of the debt by line(s) of accounting subject to the following: (i) If the debt affects multiple lines of accounting, the contracting officer shall, to the maximum extent practicable, identify all affected lines of accounting. Guaranteed loans also may be made before such termination if it is known that termination of particular contracts for the convenience of the Government is about to occur. (iii) Projected cash receipts and requirements. (4) When it is determined that the designated billing office erroneously rejected a proper invoice and upon resubmission of the invoice, will enter in the payment system the original date the invoice was received by the designated billing office for the purpose of calculating the correct payment due date and any interest penalties that may be due. 32.407 Interest.                      (A) Compute the amount in accordance with the clause; (e) If a contract provides for interest-free advance payments, the contracting officer may require the contractor to charge interest on advances or downpayments to subcontractors and credit the Government for the proceeds from the interest charges. (h) The guaranteeing agency shall review the proposed guarantee terms and conditions. Agency procedures must ensure that, when specifying due dates, contracting officers give full consideration to the time reasonably required by Government officials to fulfill their administrative responsibilities under the contract.            (9) The contractor agrees to certify annually, or more often if requested by the contracting officer, that the alternate rate continues to meet the conditions of subsections5, 6, and 7 of this section.The certificate must be accompanied by adequate supporting information. (B) If actual approval occurs within the constructive approval period, the Government must base the determination of an interest penalty on the actual date of approval.                 (ii) The advance payment is required by the laws or government regulations of the foreign country concerned; (8) Duplicate or erroneous payments. (2) EFT payment would not support the objectives of the operation; (f) The agency does not expect to make more than one payment to the same recipient within a one-year period; (g) An agency’s need for supplies and services is of such unusual and compelling urgency that the Government would be seriously injured unless payment is made by a method other than EFT; (h) There is only one source for supplies and services and the Government would be seriously injured unless payment is made by a method other than EFT; or. (a) General. (c) Computation of amounts, and contractor entitlement provisions. (i) The deferment agreement may provide for the right to make early payments without prejudice, for refund of overpayments, and for crediting of interest. However, the clause may be used in purchase orders expected to exceed the micro-purchase threshold, that are accepted in writing by the contractor, if such use is consistent with agency policies and regulations. The contracting officer shall insert the clause at 52.232-39, Unenforceability of Unauthorized Obligations in all solicitations and contracts. E.8 Other terms and conditions of employment. (2) By direct Treasury check if the circumstances do not meet the criteria in paragraph (b)(1) of this section. The Vanitha Film Awards are presented annually by Vanitha, an Indian magazine from the Malayala Manorama group in the south Indian state of Kerala. (a) The liquidation rate determined under 32.503-8 shall apply throughout the period of contract performance unless the contracting officer adjusts the liquidation rate under the alternate method in this 32.503-9.

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