FAR 52.241-13 - Capital Credits
Prescribed in 41.501(d)(7) | |
| Effective Date: | 1 February 1995 |
| Clause or Provision: | Clause |
| Provision or Clause Number: | 52.241-13 - Capital Credits |
| Principle Type And/Or Purpose of Contract: | |
| Required: | |
| Applicable: | Utility Services |
| Optional: | Simplified Acquisition Procedures (Excludes Micro-Purchase); Facilities; Indefinite Delivery; Dismantling, Demolition or Removal of Improvements; Leasing of Motor Vehicles; Fixed Price, Construction; Time & Material/Labor Hour; Cost Reimbursement, Construction; Fixed Price, Service; Cost Reimbursement, Supply; Cost Reimbursement, Service |
| Subject: | Utility Contracts |
| ProcurementType: | |
| Contract Threshold: | |
| Prescription Overview: |
Prescription |
| Clause Overview: |
Clause(a) The Government is a member of the ____________ [insert cooperative name], and as any other member, is entitled to capital credits consistent with the bylaws of the cooperative, which states the obligation of the Contractor to pay capital credits and which specifies the method and time of payment. (b) The Contractor shall furnish to the Contracting Officer, or the designated representative of the Contracting Officer, in writing, on an _________ basis [insert period of time] a list of accrued credits by contract number, year, and delivery point. (c) Payment of capital credits will be made by check, payable to the _________ [insert agency name], and forwarded to the Contracting Officer at ________________ [insert agency address], unless otherwise directed in writing by the Contracting Officer. Checks shall cite the current or last contract number and indicate whether the check is partial or final payment for all capital credits accrued. |
| Important Notes/Requirements: |
Only applicable to Utility Contracts?? |
| Subcontract Threshold: | |
| Incorporated by Reference: | No |
| Uniform Contract Format: | I |
| Editor: | Marshall |
Personal notes.
