Renegotiation of Contracts: Hearings Before the Committee on Ways and Means, House of Representatives, Eighty-first Congress, Second Session on H.R. 9246, a Bill to Provide for the Renegotiation of Contracts, and for Other Purposes

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U.S. Government Printing Office, 1950 - 283 páginas

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Página 74 - Reasonableness of costs and profits, with particular regard to volume of production, normal earnings, and comparison of war and peace-time products; 2.
Página 87 - Board is authorized, subject to the civil-service laws and the Classification Act of 1923, as amended...
Página 4 - ... (1) the case shall not be reopened as to the matters agreed upon or the agreement modified, by any officer, employee, or agent of the United States...
Página 88 - ... the contractor or subcontractor, may, within ninety days (not counting Sunday or a legal holiday in the District of Columbia as the last day) after the date of such determination, file a petition with The Tax Court of the United States for a redetermination thereof.
Página 75 - subcontract" means — (1) any purchase order or agreement (including purchase orders or agreements antedating the related prime contract or higher tier subcontract) to perform all or any part of the work, or to make or furnish any materials, required for the performance of any other contract or subcontract, but such term does not include any purchase order or agreement to furnish office supplies...
Página 79 - ... it shall, at the request of the contractor or subcontractor, as the case may be, prepare and furnish such contractor or subcontractor with a statement of such determination, of the facts used as a basis therefor, and of its reasons for such determination.
Página 16 - Such other factors the consideration of which the public interest and fair and equitable dealing may require, which factors shall be published in the regulations of the Board from time to time as adopted. (f) PROFITS DERIVED FROM CONTRACTS WITH THE DEPARTMENTS AND SUBCONTRACTS.
Página 258 - Any contractor or subcontractor aggrieved by an order of the Board determining the amount of excessive profits received or accrued by...
Página 85 - 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 93 - ... shall be considered as having been received or accrued not later than the termination date. For the purposes of this title, the term "termination date...

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