Temporary Credit for Unamortized Specified Road Construction Cost. When, under IT.3.3, Con- tracting Officer requests Contractor to delay or interrupt Contractor’s Operations for more than 90 days, the unamor- tized cost of Specified Roads shall be credited to Contractor’s Integrated Resource Account upon the written request of Contractor or at the discretion of Contracting Officer. The amount credited to Contractor shall be limited to xxxxx- age paid above Base Rates. Any Specified Road construction cost credited to Contractor pursuant to this Subsection may be refunded or transferred at the request of Contractor. However, if Contractor has outstanding debt owing the United States, Con- tracting Officer must apply the amount of credit that could be refunded to the debt owed in accordance with the Debt Collection Improvement Act, as amended. Upon written notice from Contracting Officer that the basis for the delay or interruption no longer exists, Contrac- tor shall pay for timber a per unit amount, in addition to Current Contract Rates, that is equal to the amount credited to Contractor’s Integrated Resource Account divided by 80 percent of the estimated remaining volume of the contract, until the full amount credited to Contractor has been returned.
Appears in 9 contracts
Samples: National Forest Timber, www.fs.usda.gov, www.fs.usda.gov
