GroundRules
48 CFR 1252.216-74: 1252.216-74 Settlement of Letter Contract.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 12—DEPARTMENT OF TRANSPORTATION
- SUBCHAPTER H—CLAUSES AND FORMS
- PART 1252—SOLICITATION PROVISIONS AND C ONTRACT CLAUSES
- Subpart 1252.2—Text of Provisions and Clauses
As prescribed in 1216.603-4, insert the following clause:
Settlement of Letter Contract (NOV 2022)
(a) This contract constitutes the definitive contract contemplated by issuance of letter contract___[insert number] dated___[insert effective date]. It supersedes the letter contract and its modification number(s)___[insert number(s)] and, to the extent of any inconsistencies, governs.
(b) The cost(s) and fee(s), or price(s), established in this definitive contract represents full and complete settlement of letter contract___[insert number] and modification number(s)___[insert number(s)]. Payment of the agreed upon fee or profit withheld pending definitization of the letter contract, may commence immediately at the rate and times stated within this contract.
(End of clause)
Collected 2026-08-27T02:26:29Z. Source file · JSON