Contract Pricing and Accounting Sample Clauses

Contract Pricing and Accounting. Our customers have a right to expect, and we have an obligation to ensure, that our services are delivered at a fair and reasonable price. Accordingly, we will establish fair prices for Company services that reflect our costs, the technology involved, the difficulty of overall contract performance, market conditions, and other relevant factors. All uses of funds or assets must be clearly disclosed and no funds or other assets may be maintained by the Company or its employees for any illegal or unethical purpose. No payments or gifts are to be received or made on behalf of the Company for any purpose other than that described by the supporting documents and records maintained by the Company. In addition, federal regulations provide standards that require the maintenance of books, records, and accounts that “in reasonable detail, accurately and fairly reflect the transactions and disposition of the assets” of the Company.
Sample 1
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