41 U.S.C. § 4707

Title 41 Chapter 47 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →

Sections in this chapter

§ 4701
§ 4702
§ 4703
§ 4704
§ 4705
§ 4706
§ 4707
§ 4708
§ 4709
§ 4710
§ 4711
§ 4712
§ 4713
§ 4714

§ 4707. Remission of liquidated damages

When a contract made on behalf of the Federal Government by the head of a Federal agency, or by an authorized officer of the agency, includes a provision for liquidated damages for delay, the Secretary of the Treasury on recommendation of the head of the agency may remit any part of the damages as the Secretary of the Treasury believes is just and equitable.

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