LIMITATION OF GOVERNMENT LIABILITY Sample Clauses

LIMITATION OF GOVERNMENT LIABILITY. (APR 1984)
AutoNDA by SimpleDocs
LIMITATION OF GOVERNMENT LIABILITY. (1) Each undefinitized order shall set forth the limitation of Government liability, which shall be the maximum amount that the Government will be obligated to pay the Contractor for performance of the order until the order is definitized. The Contractor is not authorized to make expenditures or incur obligations exceeding the limitation of Government liability set forth in the order. If such expenditures are made, or if such obligations are incurred, they will be at the Contractor's sole risk and expense. Further, the limitation of Government liability shall be the maximum Government liability if the order is terminated. The "Limitation of Government Liability" clause shall be included in any undefinitized order.
LIMITATION OF GOVERNMENT LIABILITY. (l) Each undefinitized order shall set forth the limitation of Government liability, which shall be the maximum amount that the Government will be obligated to pay the Contractor for performance of the order until the order is definitized. The Contractor is not authorized to make expenditures or incur obligations exceeding the limitation of Government liability set forth in the order. If such expenditures are made, or if such obligations are incurred, those expenditures and obligations will be at the Contractor's sole risk and expense. Further, the limitation of liability shall be the maximum Government liability if the order is terminated. The clause at FAR 52.216-24 shall be included in any undefinitized order.
LIMITATION OF GOVERNMENT LIABILITY. As prescribed in 16.603–4(b)(2), insert the following clause in solicitations and contracts when a letter contract is contemplated:
LIMITATION OF GOVERNMENT LIABILITY. (a) In performing the Advanced Agreement, the Recipient is not authorized to make expenditures or incur obligations exceeding $ 413,200,000.00.
LIMITATION OF GOVERNMENT LIABILITY. (This clause applicable to Ceiling Priced Job Orders)
LIMITATION OF GOVERNMENT LIABILITY. (April 1996)
AutoNDA by SimpleDocs
LIMITATION OF GOVERNMENT LIABILITY. (a) In performing this contract, the Contractor is not authorized to make expenditures or incur obligations exceeding $233,601,000.
LIMITATION OF GOVERNMENT LIABILITY. (1) Each undefinitized order shall set forth the limitation of Government liability, which shall be the maximum amount that the Government will be obligated to pay the Contractor for performance of the order until the order is definitized. The Contractor is not authorized to make expenditures or incur obligations exceeding the limitation of Government liability set forth in the order. If such expenditures are made, or if such obligations are incurred, they will be at the Contractor's sole risk and expense. Further, the limitation of liability shall be the maximum Government liability if the order is terminated. The "LIMITATION OF GOVERNMENT LIABILITY" clause shall be included in any undefinitized order. (2) Except for undefinitized orders for Foreign Military Sales; purchases of less than $25,000; special access programs; and Congressionally-mandated long-lead procurements; and except as otherwise provided in subparagraph (f)(3) below, the limitation of Government liability shall not exceed fifty percent (50%) of the ceiling amount of an undefinitized order. In the case of orders within these excepted categories, however, the procedures set forth herein shall be followed to the maximum extent practical. (3) If the Contractor submits a qualifying proposal (as defined in DFARS 217.7401) to definitize an order before the Contractor has incurred costs in excess of fifty percent (50%) of the ceiling amount, the Contracting Officer may increase the limitation of Government liability to up to seventy-five percent (75%) of the maximum ceiling amount or up to seventy-five percent (75%) of the price proposed by the Contractor, whichever is less. (4) If at any time the Contractor believes that its expenditure under an undefinitized order will exceed the limitation of Government liability, the Contractor shall so notify the Contracting Officer, in writing, and propose an appropriate increase in the limitation of Government liability of such order. Within thirty (30) days of such notice, the Contracting Officer will either (1) notify the Contractor in writing of such appropriate increase, or (ii) instruct the Contractor how and to what extent the work shall be continued; provided, however, that in no event shall the Contractor be obligated to proceed with work on an undefinitized order beyond the point where its costs incurred plus a reasonable profit thereon exceed the limitation of Government liability, and provided also that in no event shall the Government be oblig...
LIMITATION OF GOVERNMENT LIABILITY a) In performance of this Agreement, the Project Agreement Holder is not authorized to make expenditures or incur obligations exceeding $800,217,261.00 dollars.
Time is Money Join Law Insider Premium to draft better contracts faster.