Code of Federal Regulations · Section
§ 211.503 — 211.503 Contract Clauses
48 C.F.R. § 211.503
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(b) Use the clause at FAR 52.211-12, Liquidated Damages—Construction, in all construction contracts exceeding $900,000, except cost-plus-fixed-fee contracts or contracts where the contractor cannot control the pace of the work. Use of the clause in contracts of $900,000 or less is optional.
Authorizing Statute
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Functions and authority41 U.S.C. § 1303