. The Contracting Officer may well minimize or suspend general performance-based mostly payments, liquidate overall performance-dependent payments by deduction from any payment under the agreement, or choose a combination of these actions soon after discovering upon sizeable evidence any of the following situations:
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101), The premise of payment (the situations or effectiveness standards) to which the home is associated shall be deemed to be not in compliance Along with the phrases from the agreement instead of payable (In case the house is a component of or wanted for effectiveness), plus the Contractor shall refund the connected efficiency-centered payments in accordance with paragraph (d) of this clause.
(iv) Drawings and complex details, for the extent the Contractor or subcontractors are required to produce them to the Government by other clauses of this contract.
to Trade economic belongings or money liabilities with One more entity under disorders that happen to be perhaps unfavourable towards the entity; or
(6) "Mislabeled" implies various in the normal of reality or disclosure in labeling prescribed by legislation or set by established commercial use.
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(one) "Cardholder" signifies the person named within the confront of a charge card or debit card to whom or for whose profit the cardboard is issued.
puttable devices categorized as equity or certain liabilities arising on liquidation categorised by IAS 32 as fairness instruments
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(d) A one that is issue to prosecution read more under the two this area and A different portion of the code may be prosecuted below either or each sections. Area 3.04 will not use to legal episodes prosecuted below the two this area and One more area of this code.
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Desire, dividends, gains, and losses regarding an instrument classified to be a liability should be described in revenue or decline. Because of this dividend payments on preferred shares labeled as liabilities are treated as charges.