FAR 52.237-11 - Accepting and Dispensing of $1 Coin

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Prescribed in 37.116-2
Effective Date:	1 September 2008
Clause or Provision:	Clause
Provision or Clause Number:	52.237-11 - Accepting and Dispensing of $1 Coin
Principle Type And/Or Purpose of Contract:
Required:
Applicable:	Time and Materials/Labor Hour; Facilities; Fixed Price, Supply; Cost Reimbursement, Supply; Time & Material/Labor Hour; Cost Reimbursement, Service; Fixed Price, Service; Indefinite Delivery; Simplified Acquisition Procedures (Excludes Micro-Purchase); Commercial Items
Optional:	Utility Services; Dismantling, Demolition or Removal of Improvements; Leasing of Motor Vehicles; Fixed Price, Construction; Cost Reimbursement, Construction
Subject:
ProcurementType:
Contract Threshold:
Prescription Overview:	Prescription
Clause Overview:	Clause (a) This clause applies to service contracts that involve business operations conducted in U.S. coin and currency, including vending machines, on any premises owned by the United States or under the control of any agency or instrumentality of the United States. All such business operations must be compliant with the requirements in paragraphs (b) and (c) of this clause on and after January 1, 2008. (b) All business operations conducted under this contract that involve coins or currency, including vending machines, shall be fully capable of— (1) Accepting $1 coins in connection with such operations; and (2) Dispensing $1 coins in connection with such operations, unless the vending machine does not receive currency denominations greater than $1. (c) The Contractor shall ensure that signs and notices are displayed denoting the capability of accepting and dispensing $1 coins with business operations on all premises where coins or currency are accepted or dispensed, including on each vending machine.
Important Notes/Requirements:	"Applicable in solicitations and contracts for the provision of services that involve business operations conducted in U.S. coins and currency, including vending machines, on any premises owned by the United States or under the control of any agency or instrumentality of the United States."
Subcontract Threshold:
Incorporated by Reference:	Yes
Uniform Contract Format:	I
Editor:	Marshall

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Personal notes.