Common use of Temporary Credit for Unamortized Specified Road Construction Cost Clause in Contracts

Temporary Credit for Unamortized Specified Road Construction Cost. When, under B8.33, Contracting Officer requests Contractor to delay or interrupt Contractor’s Operations for more than 90 days, the unamortized cost of Specified Roads shall be credited to Contractor’s Integrated Resource Account upon the written request of Contractor or at the discre- tion of Contracting Officer. The amount credited to Con- tractor shall be limited to stumpage paid above Base Rates. Any Specified Road construction cost credited to Contractor pursuant to this Subsection may be re- funded or transferred at the request of Contractor. How- ever, if Contractor has outstanding debt owing the United States, Contracting Officer must apply the amount of credit that could be refunded to the debt owed in accordance with the Debt Collection Improve- ment Act, as amended. Upon written notice from Contracting Officer that the basis for the delay or interruption no longer exists, Contractor shall pay for timber a per unit amount, in ad- dition to Current Contract Rates, that is equal to the amount credited to Contractor’s Integrated Resource Account divided by 80 percent of the estimated remain- ing volume of the contract, until the full amount credited to Contractor has been returned.

Temporary Credit for Unamortized Specified Road Construction Cost. When, under B8.33, Contracting Officer requests Contractor to delay or interrupt Contractor’s Operations for more than 90 days, the unamortized cost of Specified Roads shall be credited to Contractor’s Integrated Resource Account upon the written request of Contractor or at the discre- tion of Contracting Officer. The amount credited to Con- tractor shall be limited to stumpage paid above Base Rates. Rates.‌‌‌ Any Specified Road construction cost credited to Contractor pursuant to this Subsection may be re- funded or transferred at the request of Contractor. How- ever, if Contractor has outstanding debt owing the United States, Contracting Officer must apply the amount of credit that could be refunded to the debt owed in accordance with the Debt Collection Improve- ment Act, as amended. amended.‌‌‌ Upon written notice from Contracting Officer that the basis for the delay or interruption no longer exists, Contractor shall pay for timber a per unit amount, in ad- dition to Current Contract Rates, that is equal to the amount credited to Contractor’s Integrated Resource Account divided by 80 percent of the estimated remain- ing volume of the contract, until the full amount credited to Contractor has been returned.returned.‌‌