Contracts Financed With Recovery Act Funds. In compliance with Section 1554 of the Recovery Act, the Recipient agrees to award contracts financed under this Act as fixed-price contracts through the use of competitive procedures to the maximum extent possible. The Recipient agrees to post a summary of the contract on the Recovery Act web site maintained by the Recovery Accountability and Transparency Board when it does not award fixed price contracts or does not use competitive procedures.
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Samples: Master Agreement, Tribal Transit Program Master Agreement, Master Agreement
Contracts Financed With Recovery Act Funds. In compliance with Section 1554 of the Recovery Act, the Recipient agrees to award it will:
(1) Award contracts financed under this Act as fixed-price contracts through the use of competitive procedures to the maximum extent possible. The Recipient agrees to post , and
(2) Post a summary of the contract on the Recovery Act web site maintained by the Recovery Accountability and Transparency Board when it does not award fixed price contracts or does not use competitive procedures.
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