About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

B-192685 1 (1979-05-14)

handle is hein.gao/gaobadhfl0001 and id is 1 raw text is: THE CGMPTROLLER GENERAL DECISION OF THE UNITED STATES WASHINGTON, 0. C. 20548 FILE: B-192685 DATE: May 14, 1979 MATTER OF: United Service Packer 7 (7171 DIGEST: / 1 5//7 1. Where payment in foreign currency payable in foreign country is called for in contract, value of any judgment recovery is based on value of foreign currency at time judgment is rendered in American court. Since South Vietnamese piastre apparently has no present value, claim by former contractor would also have no value and was properly denied. 2. Where former contractor took advice of con- tracting officer that, due to anticipated short market supply of packing materials, materials should be and were purchased (but were never used due to evacuation from Saigon) in advance to ensure completion of contract, no basis for recovery of cost of materials exists. United Service Packer (USP) appeals the denial of its claim for payment under Department of State contract No. S-298-fa-0159 by our Claims Division in its Settlement Certificate, November 15, 1978. That claim consisted of (1) packing, crating, and transporta- tion charges for goods belonging to Department of State and Agency for International Development personnel sta- tioned in Saigon, South Vietnam, and (2) charges for packing materials, purchased upon the advice of the contracting officer due to an anticipated shortage of supply in the market for such materials at the time, necessary for the completion of all packing and crating until the expiration of the contract. Due to the emergency evacuation of Saigon, the claimant was not fully compensated for services performed during April 1975. Payments for all services to be per- formed under the contract in question were to be made in South Vietnamese piastres. When payment in foreign

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:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most