Government Account definition

Government Account shall be defined to mean all Accounts arising out of or with respect to any Government Contract.

Examples of Government Account in a sentence

  • If the firm fails to supply the whole installments, the entire amount of Performance Guarantee/Security will be forfeited to the Government Account and the firm will be blacklisted at least for two years for future participation in bids: The liquidated damage shall be 0.5 % per week or part thereof.

  • It lists the outstanding securities issued by the Bureau of the Fiscal Service, such as Savings Bonds, Treasury Bills, Notes, Bonds, and Government Account Series.

  • The receipt number of the quarterly statement is of 8 digit.Further as per Circular 04/2013 dated 17-04-2013 all deductors (including Government deductors who deposit TDS in the Central Government Account through book entry) shall issue the Part A of Form No. 16, by generating and subsequently downloading it through TRACES Portal and after duly authenticating and verifying it, in respect of all sums deducted on or after the 1st day of April, 2012 under the provisions of section 192 of Chapter XVII-B.

  • No separate order is required for forfeiture of Bid Security which follows on default and should be credited at once to the Government Account.

  • Further as per Circular 04/2013 dated 17-04-2013 all deductors (including Government deductors who deposit TDS in the Central Government Account through book entry) shall issue the Part A of Form No. 16, by generating and subsequently downloading it through TRACES Portal and after duly authenticating and verifying it, in respect of all sums deducted on or after the 1st day of April, 2012 under the provisions of section 192 of Chapter XVII-B.


More Definitions of Government Account

Government Account means any Account owing directly by the United States of America or any department, agency or instrumentality of the United States of America to a Loan Party under a Government Contract.
Government Account means an Account the Account Debtor with respect to which is a an Account Debtor that is any government (or any department, agency, public corporation, or instrumentality thereof) of any country.
Government Account has the meaning set forth in Section 4.13(c).
Government Account means any account payable by any Government Payor under the Medicare or Medicaid programs, any similar or implementing state statutes and the rules and regulations promulgated pursuant to any thereof.
Government Account means all Accounts arising out of or with respect to any Government Contract. “Government Contract” shall mean all contracts with any Governmental Authority.