Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
All TitlesTitle 48Chapter 30Part 3011Subpart 3011.5 - Subpart 3011.5—Liquidated Damages
View all text of Subpart 3011.5 [3011.501 - 3011.501]
3011.501 - 3011.501 Policy.

(d) The HCA may reduce or waive the amount of liquidated damages assessed under a contract, if the Commissioner, Financial Management Service, or designee approves.

authority: 5 U.S.C. 301-302,41.S.C. 1303, 41 U.S.C. 1707,41.S.C. 1702, and 48 CFR subpart 1.3
source: 68 FR 67871, Dec. 4, 2003, unless otherwise noted.
cite as: 48 CFR 3011.501
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