Code of Federal Regulations · Section
§ 52.216-24 — 52.216-24 Limitation Of Government Liability
48 C.F.R. § 52.216-24
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As prescribed in 16.603-4(b)(2), insert the following clause in solicitations and contracts when a letter contract is contemplated:
(a) In performing this contract, the Contractor is not authorized to make expenditures or incur obligations exceeding ___ dollars.
(b) The maximum amount for which the Government shall be liable if this contract is terminated is ___ dollars.
Authorizing Statute
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Chapter 137 legacy provisions10 U.S.C. § 3016
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Administrative40 U.S.C. § 121
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General authority41 U.S.C. § 1121
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Powers of the Administration in performance of functions51 U.S.C. § 20113