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
... received or accrued by a contractor or subcontractor on or after the first day of January 1951 , whether such contracts or subcontracts were made on , before , or after such first day , and ( 2 ) to all con- tracts with the Departments ...
... received or accrued by a contractor or subcontractor on or after the first day of January 1951 , whether such contracts or subcontracts were made on , before , or after such first day , and ( 2 ) to all con- tracts with the Departments ...
Página 2
... received or accrued under such contracts and subcontracts over the costs paid or incurred with respect thereto and determined to be allocable thereto . All items estimated to be allowable as deductions and exclusions under chapter 1 of ...
... received or accrued under such contracts and subcontracts over the costs paid or incurred with respect thereto and determined to be allocable thereto . All items estimated to be allowable as deductions and exclusions under chapter 1 of ...
Página 3
... RECEIVED OR ACCRUED AND PAID OR INCURRED . - The terms " received or accrued " and " paid or incurred " shall be construed according to the method of accounting employed by the contractor or subcontractor in keeping his books , but if ...
... RECEIVED OR ACCRUED AND PAID OR INCURRED . - The terms " received or accrued " and " paid or incurred " shall be construed according to the method of accounting employed by the contractor or subcontractor in keeping his books , but if ...
Página 4
... received or accrued . If the Board does not make an agreement with respect to the elimination of excessive profits received or accrued , it shall issue and enter an order determining the amount , if any , of such excessive profits , and ...
... received or accrued . If the Board does not make an agreement with respect to the elimination of excessive profits received or accrued , it shall issue and enter an order determining the amount , if any , of such excessive profits , and ...
Página 5
... received or accrued by a contractor or subcon- tractor , interest at the rate of 6 per centum per annum shall accrue ... accrued interest not withheld or eliminated by some other method under this subsection , and ( B ) from any ...
... received or accrued by a contractor or subcon- tractor , interest at the rate of 6 per centum per annum shall accrue ... accrued interest not withheld or eliminated by some other method under this subsection , and ( B ) from any ...
Términos y frases comunes
administrative agencies amendment amount apply appropriate authority brass CHAIRMAN Colonel ROCKWELL committee CONGRESS THE LIBRARY contract or subcontract contractor or subcontractor contracts and subcontracts copper costs cotton cut-off point December 31 defense program determined equipment excess profits tax excessive profits exemption from renegotiation firm pricing fiscal Government contracts Internal Revenue Code June 30 Justice Department LAWSON LIBR TRY LIBRARY CONGRESS LIBRARY LIBRARY LIBRARY OF CONGRESS manufacturer ment metals mills mineral or natural officers operation percent pig iron proposed provisions purchase raw materials reason receipts or accruals received or accrued redetermination refunds regulations renego Renegotiation Act Renegotiation Board renegotiation law renegotiation proceedings repricing retroactive RIGGLE ROBERTS Secretary section 103 Senator BUTLER Senator CONNALLY Senator MARTIN sold standard commercial articles statement statute subject to renegotiation suitable for industrial Tax Court tion Truman committee W. A. Rushlight 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...