Remedies and Breach. Contracts for more than the simplified acquisition threshold currently set at $150,000, which is the inflation adjusted amount determined by the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) as authorized by 41 U.S.C. 1908, must address administrative, contractual, or legal remedies in instances where contractors violate or breach contract terms, and provide for such sanctions and penalties as appropriate.
Appears in 7 contracts
Samples: Software as a Service Agreement, Addendum to Standard Terms and Conditions, Information Services Agreement
Remedies and Breach. Contracts for more than the simplified acquisition threshold currently set at $150,000at$150,000, which is the inflation adjusted amount determined by the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) as authorized by 41 U.S.C. 1908, must address administrative, contractual, or legal remedies in instances where contractors violate or breach contract terms, and provide for such sanctions and penalties as appropriate.
Appears in 2 contracts
Samples: Addendum to Agreement, Addendum to Agreement