2012 US Code
Title 41 - Public Contracts
Subtitle I - Federal Procurement Policy (§§ 101 - 4712)
Division C - Procurement (§§ 3101 - 4712)
Chapter 47 - MISCELLANEOUS (§§ 4701 - 4712)
Section 4707 - Remission of liquidated damages

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Publication TitleUnited States Code, 2012 Edition, Title 41 - PUBLIC CONTRACTS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 41 - PUBLIC CONTRACTS
Subtitle I - Federal Procurement Policy
Division C - Procurement
CHAPTER 47 - MISCELLANEOUS
Sec. 4707 - Remission of liquidated damages
Containssection 4707
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawYes
Dispositionstandard
Source CreditPub. L. 111-350, §3, Jan. 4, 2011, 124 Stat. 3799.
Statutes at Large References64 Stat. 591
110 Stat. 3845
124 Stat. 3799
Public Law ReferencesPublic Law 104-316, Public Law 111-350

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MISCELLANEOUS - 41 U.S.C. § 4707 (2012)
§4707. Remission of liquidated damages

When a contract made on behalf of the Federal Government by the head of a Federal agency, or by an authorized officer of the agency, includes a provision for liquidated damages for delay, the Secretary of the Treasury on recommendation of the head of the agency may remit any part of the damages as the Secretary of the Treasury believes is just and equitable.

(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3799.)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
4707 41:256a. Sept. 5, 1950, ch. 849, §10(a), 64 Stat. 591; Pub. L. 104–316, title II, §202(u), Oct. 19, 1996, 110 Stat. 3845.

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