44 U.S.C. § 516 — Liability of defaulting contractor
submitted 58 years ago by Pub. L. 90-620 to r/title-44-PUBLIC-PRINTING-AND-DOCUMENTS · 93 words · no verdicts yet
Makes a defaulting paper contractor and sureties responsible for extra procurement costs and requires suit on the bond.
A contractor and its sureties must pay any increased Government cost caused by failure to furnish paper. The Director reports the default and facts to the Treasury General Counsel, who must sue on the bond in the district where the contractor resides.
Upon failure to furnish paper, a contractor and his sureties shall be responsible for any increase of cost to the Government in procuring a supply of the paper consequent upon his default. The Director of the Government Publishing Office shall report every default, with a full statement of all the facts in the case, to the General Counsel for the Department of the Treasury, who shall prosecute the defaulting contractor and his sureties upon their bond in the district court of the United States in the district in which the defaulting contractor resides.
Source credit: (Pub. L. 90–620, Oct. 22, 1968, 82 Stat. 1245; Pub. L. 113–235, div. H, title I, § 1301(c)(1), Dec. 16, 2014, 128 Stat. 2537.)
- 1968Enacted · Pub. L. 90-620 · 82 Stat. 1245
- 2014Amended · Pub. L. 113-235 · 128 Stat. 2537
A history note hasn’t been published yet. The record shows enactment by Pub. L. 90-620 on 1968-10-22.
all 0 arguments · sorted by: best
no arguments yet — make the first case