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Potforme
Contract Therapy
100
What are Liquidated Damages?
The estimated amounts of damages to the goverment if the contractor does not deliver.
100
The first step in the process for assessing Liquidated Damages.
What is Document Evidence?
200
Happy Birthday!
What is Today?
200
The task of estimating the value of the damages.
What is Compute the Amount Due?
300
The lead MABO?
Who is Jonathan Gibb?
300
The Third Step in the process for liquidated damages.
What is Discuss the Assessment with the Contractor? The fact that the goverment intends to assess liquidated damages unless the contractor provides evidence. The basis for the gov's assessment of liq. damages. The amount of planned liquidated damages assessment.
400
Any amount that is determined unreasonable would be considered a penalty and the goverment would not be able to enforce the damages.
What is a penalty?
400
The contractor responds by providing a variety of responses including the work is impossible, sustainally complete or there is an excusable delay.
What is Obtaining and Analyzing the Contrctors Response?
500
What is the FAR 11 and 52.211.
What is the Liquidated Damages clause based on?
500
The government finallys wins one and rules against the contractor.
What is witholding payment?