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Common use of AMOUNTS OWED TO THE AUTHORITY Clause in Contracts

AMOUNTS OWED TO THE AUTHORITY. (For construction contracts in the Canal area). The Authority may deduct from partial payments or the final payment any outstanding debt that the Contractor may have with the Authority. The Contracting Officer may offset amounts owed to the Contractor with amounts owed to the Authority.

Appears in 4 contracts

Samples: Construction Contract, Construction Contract, Construction Contract