Renegotiation of Contracts: Hearings Before the Committee on Finance, United States Senate, Eighty-second Congress, First Session, on H.R. 1724, an Act to Provide for the Renegotiation of Contracts, and for Other Purposes : January 31 and February 2, 1951U.S. Government Printing Office, 1951 - 139 páginas |
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Página 1
... December 31 , 1953 . ( b ) RENEGOTIATION ACT OF 1948. The Renegotiation Act of 1947 shall not apply with respect to any receipts or accruals subject to renegotiation under this title . If a contractor or subcontractor , during the same ...
... December 31 , 1953 . ( b ) RENEGOTIATION ACT OF 1948. The Renegotiation Act of 1947 shall not apply with respect to any receipts or accruals subject to renegotiation under this title . If a contractor or subcontractor , during the same ...
Página 15
... December 31 , 1945. Less than 21⁄2 years later , when the Congress appropriated some $ 3,000,000,000 for a program of expanded aircraft construction and certain related purposes , it was deemed essential to reintroduce renegotiation in ...
... December 31 , 1945. Less than 21⁄2 years later , when the Congress appropriated some $ 3,000,000,000 for a program of expanded aircraft construction and certain related purposes , it was deemed essential to reintroduce renegotiation in ...
Página 17
... December 31 , 1953 . The Renegotiation Act of 1948 , as I have already indicated , is still in existence and is currently being administered . Unless this bill is made to provide otherwise , the 1948 act would apply to negotiated ...
... December 31 , 1953 . The Renegotiation Act of 1948 , as I have already indicated , is still in existence and is currently being administered . Unless this bill is made to provide otherwise , the 1948 act would apply to negotiated ...
Página 18
... December 31 , 1950 , to which the provisions of this title are ap- plicable , the provisions of this title shall , notwithstanding subsection ( a ) , apply to such receipts and accruals prior to January 1 , 1951 , if the Board and such ...
... December 31 , 1950 , to which the provisions of this title are ap- plicable , the provisions of this title shall , notwithstanding subsection ( a ) , apply to such receipts and accruals prior to January 1 , 1951 , if the Board and such ...
Página 19
... 31 , 1953 ; it would still be in process of performance , but the actual receipts were not paid to the company until after December 31 , 1953 . Those receipts would be exempted from renegotiation ? Mr. ROBERTS . Counsel has pointed out ...
... 31 , 1953 ; it would still be in process of performance , but the actual receipts were not paid to the company until after December 31 , 1953 . Those receipts would be exempted from renegotiation ? Mr. ROBERTS . Counsel has pointed out ...
Términos y frases comunes
administrative agencies agricultural commodities amendment amount apply authority basis brass-mill CHAIRMAN Colonel ROCKWELL committee contract or subcontract contractor or subcontractor contracts and subcontracts Contracts Price copper costs December 31 defense contracts defense program determined equipment excess profits tax excessive profits exemption from renegotiation fiscal Government contracts income Internal Revenue Code June 30 LAWSON LIBR IRY mandatory exemption manufacturer ment mills natural gas negotiation officers operation percent pig iron present procedure procurement proposed provision purchase raw materials reason receipts or accruals received or accrued Reconstruction Finance Corporation redetermination refined refund regulations renego Renegotiation Act Renegotiation Board renegotiation law renegotiation proceedings repricing retroactive ROBERTS Secretary section 106 Senator BUTLER Senator BYRD Senator CONNALLY Senator MARTIN sold standard commercial articles statement statute subject to renegotiation suitable for industrial Tax Court tion Vinson-Trammell Act W. A. Rushlight wartime World World War II
Pasajes populares
Página 89 - States and their political subdivisions and instrumentalities; and tax-supported educational institutions, and to other nonprofit educational institutions which have been held exempt from taxation under section 101 (6) of the Internal Revenue Code.
Página 2 - President may authorize, subject to such regulations as he may prescribe, the Department of the Army, the Department of the Navy, the Department of the Air Force, the Department of Commerce...
Página 8 - ... any contract or subcontract for the product of a mine, oil or gas well, or other mineral or natural deposit, or timber, which has not been processed, refined, or treated beyond the first form or state suitable for industrial use...
Página 64 - excessive profits" means the portion of the profits derived from contracts with the Departments and subcontracts which is determined in accordance with this title to be excessive. In determining excessive profits...
Página 11 - That such refunds shall be based solely on the certificate of the Administrator of General Services or his duly authorized representative. (g) EXISTING POLICIES, PROCEDURES, ETC., To REMAIN IN EFFECT. — All policies, procedures, directives, and delegations of authority prescribed or issued (1) by the War Contracts Price Adjustment Board, or (2) by any Secretary or other duly authorized officer of the Government, under the authority of the Renegotiation Act, in effect upon the effective date of...
Página 6 - ... subcontractor for excessive profits received or accrued during such fiscal year shall thereupon be discharged. If an agreement or order determining the amount of excessive profits is not made within...
Página 8 - ... their successors shall be appointed for terms of five years each, except that any individual chosen to fill a vacancy shall be appointed only for the unexpired term of the member whom he shall succeed. The president shall designate one member to serve as chairman of the board. Any member of the board may be removed by the president, upon notice and hearing, for neglect of duty or malfeasance In office, but for no other cause.
Página 33 - President, from acting as counsel, agent, or attorney for prosecuting any claim against the United States: Provided, That such person shall not prosecute any claim against the United States (1) Involving any subject matter directly connected with- which such person was so employed, or (2) during the period such person is engaged in employment in a Department.
Página 4 - Secretary may direct, any amounts which under paragraph (3) (B) the contractor is directed to withhold from a subcontractor and which are actually unpaid at the time the contractor receives such direction. The obligations assumed by the contractor or subcontractor under paragraph (1) or (3) (A), as the case may be, agreeing to the elimination of excessive profits through renegotiation shall be binding on him only if the contract or subcontract, as the case may be, is subject to subsection (c).
Página 12 - ... effect, showing a necessity for a survival of such suit, action, or other proceeding to obtain a settlement of the questions involved...