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41 U.S.C. § 4707 — Remission of liquidated damages
submitted 15 years ago by Pub. L. 111-350 to r/title-41-PUBLIC-CONTRACTS · 64 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
When a contract made on behalf of the Federal Government by the head of a Federal agency, or by an authorized officer of the agency, includes a provision for liquidated damages for delay, the Secretary of the Treasury on recommendation of the head of the agency may remit any part of the damages as the Secretary of the Treasury believes is just and equitable.
Source credit: (Pub. L. 111–350, § 3, Jan. 4, 2011, 124 Stat. 3799.)
history & why it existsrecord from the source credit
- 2011Enacted · Pub. L. 111-350 · 124 Stat. 3799
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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