BWBV0005147
Geldig vanaf 26-07-1956
Artikel 25
Notawisseling tussen de Nederlandse en de Amerikaanse Regering, houdende een Overeenkomst betreffende de oprichting van een Technisch Studiecentrum voor de luchtverdediging
Upon the approval of the Contracting Officer, advance payments may be made from time to time by the Government of the United States for the purposes of this Contract, without payment of interest by the Contractor, in accordance with the following terms and conditions:
A. The bank designated for the deposit of advance payments hereunder is the Nederlandsche Handel-Maatschappij, N.V., The Hague, The Netherlands, hereinafter called the Bank.
B. Deposits shall be made by checks drawn in United States dollars on the Treasury of the United States, payable to the Bank, with specific indication thereon that the amount is to be credited to the United States Special Dollar Account designated on the check.
C. Withdrawals from the Special Bank Account, or Accounts if there should be more than one, shall be by requests made by the Contractor to the Bank, countersigned by the United States Deputy Advisor, designating the payee and the amount to be paid, identifying the Special Bank Account to be charged, and, unless otherwise authorized by the United States Deputy Advisor, specifying that payment by the Bank shall be in United States dollars.
D. Withdrawals from a Special Bank Account may also be made by a request for withdrawal made either by the Contractor and countersigned by the United States Deputy Advisor, or solely by the Contracting Officer, acting in his capacity as the Director, Mutual Weapons Development Team, or his designee, provided such requests call for payment to the Treasurer of the United States. Payment in such cases shall be made only in United States dollars.
E. The maximum amount authorized to be advanced under this Contract shall not exceed the total amount of funds which are made available for the financing of the experimental ionospheric and tropospheric forward scatter communications systems. The aggrate amount of unliquidated advance payments at any one time shall not exceed $ 700.000.00; or Twenty (20) % of the total amount of funds which are made available for the financing of the experimental ionospheric and tropospheric forward scatter communications systems; or the remaining costs to be incurred and reimbursed under this Contract in connection with such systems, whichever is the least.
F. Actual advance payments made from time to time shall be limited to the amounts determined by the Contracting Officer to be reasonably required to enable the Contractor to make payments to subcontractors engaged in the design, installation, operation and evaluation of the experimental systems during a period not to exceed 30 days from the date of the advance payment. Except as provided in subparagraph D hereof, amounts advanced shall not be used for any purpose other than the making of such payments. Sub-advances are not authorized under the provisions of this Paragraph 25.
G. Except for withdrawals made pursuant to subparagraph D hereof, countersignature by the United States Deputy Advisor of a request for withdrawal shall be based on his approval of a voucher submitted by the Contractor, in such form and reasonable detail as the United States Deputy Advisor may require, and supported by a statement of the costs incurred by the subcontractor concerned for which payment has been requested. Each statement of cost shall be certified by an officer or other responsible official of the Contractor authorized by it to certify such statements and such certificate shall specify that the costs incurred by the subcontractor are allowable costs under the subcontract. The provisions of Paragraph 3.E. of this Contract shall be applicable to the vouchers and statements of cost described in this subparagraph.
H. Upon receipt of a notice from the Bank that payment to the subcontractor has been made in accordance with the request for withdrawal, the United States Deputy Advisor will forward the approval voucher, with the date of payment noted, to the Contracting Officer.
I. The Contractor agrees to arrange for the repayment of such part of the unliquidated advance payments, upon the request of the Contracting Officer or the United States Deputy Advisor, as either of them considers to exceed reasonable current requirements of the Contractor for funds with which to pay subcontractors. Such arrangements shall be made in accordance with subparagraph D hereof.
J. (1) The Contractor agrees to furnish a monthly report on the operation of each Special Bank Account, as of the last day of each month, and to forward it to the Contracting Officer, through the United States Deputy Advisor, by the 3d day of the following month. Such report will include the following: (a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(2) With the monthly report, the Contractor will also furnish an estimate of the additional amount of advance payments required to enable him to pay subcontractors during the ensuing 30-day period, such estimate to take into account requests for payment already received but not processed for payment as of the last day of the preceding month.
(1) The Contractor agrees to furnish a monthly report on the operation of each Special Bank Account, as of the last day of each month, and to forward it to the Contracting Officer, through the United States Deputy Advisor, by the 3d day of the following month. Such report will include the following: (a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(2) With the monthly report, the Contractor will also furnish an estimate of the additional amount of advance payments required to enable him to pay subcontractors during the ensuing 30-day period, such estimate to take into account requests for payment already received but not processed for payment as of the last day of the preceding month.
K. The Contractor agrees that the Contracting Officer, the United States Deputy Advisor, or their representatives shall be permitted to inspect and audit its financial records and accounts.
L. The terms of this Contract shall be considered adequate security for advance payments made hereunder.
A. The bank designated for the deposit of advance payments hereunder is the Nederlandsche Handel-Maatschappij, N.V., The Hague, The Netherlands, hereinafter called the Bank.
B. Deposits shall be made by checks drawn in United States dollars on the Treasury of the United States, payable to the Bank, with specific indication thereon that the amount is to be credited to the United States Special Dollar Account designated on the check.
C. Withdrawals from the Special Bank Account, or Accounts if there should be more than one, shall be by requests made by the Contractor to the Bank, countersigned by the United States Deputy Advisor, designating the payee and the amount to be paid, identifying the Special Bank Account to be charged, and, unless otherwise authorized by the United States Deputy Advisor, specifying that payment by the Bank shall be in United States dollars.
D. Withdrawals from a Special Bank Account may also be made by a request for withdrawal made either by the Contractor and countersigned by the United States Deputy Advisor, or solely by the Contracting Officer, acting in his capacity as the Director, Mutual Weapons Development Team, or his designee, provided such requests call for payment to the Treasurer of the United States. Payment in such cases shall be made only in United States dollars.
E. The maximum amount authorized to be advanced under this Contract shall not exceed the total amount of funds which are made available for the financing of the experimental ionospheric and tropospheric forward scatter communications systems. The aggrate amount of unliquidated advance payments at any one time shall not exceed $ 700.000.00; or Twenty (20) % of the total amount of funds which are made available for the financing of the experimental ionospheric and tropospheric forward scatter communications systems; or the remaining costs to be incurred and reimbursed under this Contract in connection with such systems, whichever is the least.
F. Actual advance payments made from time to time shall be limited to the amounts determined by the Contracting Officer to be reasonably required to enable the Contractor to make payments to subcontractors engaged in the design, installation, operation and evaluation of the experimental systems during a period not to exceed 30 days from the date of the advance payment. Except as provided in subparagraph D hereof, amounts advanced shall not be used for any purpose other than the making of such payments. Sub-advances are not authorized under the provisions of this Paragraph 25.
G. Except for withdrawals made pursuant to subparagraph D hereof, countersignature by the United States Deputy Advisor of a request for withdrawal shall be based on his approval of a voucher submitted by the Contractor, in such form and reasonable detail as the United States Deputy Advisor may require, and supported by a statement of the costs incurred by the subcontractor concerned for which payment has been requested. Each statement of cost shall be certified by an officer or other responsible official of the Contractor authorized by it to certify such statements and such certificate shall specify that the costs incurred by the subcontractor are allowable costs under the subcontract. The provisions of Paragraph 3.E. of this Contract shall be applicable to the vouchers and statements of cost described in this subparagraph.
H. Upon receipt of a notice from the Bank that payment to the subcontractor has been made in accordance with the request for withdrawal, the United States Deputy Advisor will forward the approval voucher, with the date of payment noted, to the Contracting Officer.
I. The Contractor agrees to arrange for the repayment of such part of the unliquidated advance payments, upon the request of the Contracting Officer or the United States Deputy Advisor, as either of them considers to exceed reasonable current requirements of the Contractor for funds with which to pay subcontractors. Such arrangements shall be made in accordance with subparagraph D hereof.
J. (1) The Contractor agrees to furnish a monthly report on the operation of each Special Bank Account, as of the last day of each month, and to forward it to the Contracting Officer, through the United States Deputy Advisor, by the 3d day of the following month. Such report will include the following: (a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(2) With the monthly report, the Contractor will also furnish an estimate of the additional amount of advance payments required to enable him to pay subcontractors during the ensuing 30-day period, such estimate to take into account requests for payment already received but not processed for payment as of the last day of the preceding month.
(1) The Contractor agrees to furnish a monthly report on the operation of each Special Bank Account, as of the last day of each month, and to forward it to the Contracting Officer, through the United States Deputy Advisor, by the 3d day of the following month. Such report will include the following: (a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(a) The balance in each Special Bank Account on the 1st day of the preceding month.
(b) Itemization of deposits made in each Account during the month.
(c) Itemization of withdrawals from each Account during the month.
(d) The balance in each Special Account on the last day of the preceding month.
(2) With the monthly report, the Contractor will also furnish an estimate of the additional amount of advance payments required to enable him to pay subcontractors during the ensuing 30-day period, such estimate to take into account requests for payment already received but not processed for payment as of the last day of the preceding month.
K. The Contractor agrees that the Contracting Officer, the United States Deputy Advisor, or their representatives shall be permitted to inspect and audit its financial records and accounts.
L. The terms of this Contract shall be considered adequate security for advance payments made hereunder.
- Citeren als
- Art. 25
- Geldig vanaf
- Status
- Geldend recht
- Identificatie
- BWBV0005147
- Officiële bron
- wetten.overheid.nl