About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

B-134474-O.M. 1 (1957-12-18)

handle is hein.gao/gaobaactd0001 and id is 1 raw text is: 



               UNITED STATES GENERAL ACCOUNTING OFFICE               r .+
                         WASHINGTON 25,. D. C.

xtJ~flN AND -/$               %O             f
M DIVSION                              DEC  8    .
                               RE L EASED



 The cowtroller General

      On June 30, 1956, the Bureau of Custon entered iato a contract
 for the pwrhese and installation of aonveor syste   at the Port of
 ,wle otk with The Spi'ey Co.,, Inc., of Philadelphia, Pensylwvania.
 (CW of contract attaebed.) This contract was waenied on July 12,
 •M, Jj go, 1956, and O.tober 1, 1956. (Copies of the Menliments
 to the auftmat of June 30, 2956, are attached.)

      Theme a   umisual provisios in the letter contract of Jue 30s
 16, and the jay 20, 1956 mlenet thereto,, itich require legal in-
 terprtation to deteruine the dating of obligations incurred by the T rean
 of Custom&. The contract of June 303 1956, provides i parts as followiss'
           ' . The Covermient reserves the right to delete
                 at an time prior to u4u   15, 1956 arq, or all,,
                 of the 60 lima of gravity zvller, reformd to
                 in Section Yiber I and 6ection Nmb r 2, based
                 on a anit price of 342.416- ealh; the Goverment
                 further reserves the right to reorder u to and
                 Including Jly 21, 1956 any and all of these
                 lie   of gravity roller referred to in Sotioa
                 Number I and Section -Numer 2 at the am  unit
                 price.
 The- midw kt of July 20, .1956, cntains the following provision:

           Iln consideration of the foreg oi The Spivey Co. Ine.,                .
           Me no *l lm and waives auir and all riZhts, if asfr, for
           av damges or loss of earnings for the cancellation of
           Sor all of the eqaipwmnt previ uAsy accepted by the
           overmtnt on June 29, 1956, and/or zodified as a re-
           salt of this ne layout.0

      It appears that in the contract of June 30, 1956, the ureau of
 Customn accepted itm  totalift 653, 6o. on July L2, 1956, it exercised
 its cancellation 6ption mid deleted itema totaling 4M,545 thereby re-
 &iaing the accepted portion of the contract o $33061. The bookkeeping
                                                                 I'          7 .
                          •                                                       *

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most