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41 U.S.C. § 4502Payment

submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 77 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)Basis for Payment.—

When practicable, payments under section 4501 of this title shall be made on any of the following bases:

(1)

Performance measured by objective, quantifiable methods such as delivery of acceptable items, work measurement, or statistical process controls.

(2)

Accomplishment of events defined in the program management plan.

(3)

Other quantifiable measures of results.

(b)Payment Amount.—

Payments made under section 4501 of this title may not exceed the unpaid contract price.

Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3791.)

history & why it existsrecord from the source credit
  • 2011Enacted · Pub. L. 111-350 · 124 Stat. 3791

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-350 on 2011-01-04.

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