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Federal Acquisition Regulation

Limitation of Government Liability

FAR 52.216-24
As prescribed in 16.603-4 (b)(2) , insert the following clause in solicitations and contracts when a letter contract is contemplated: Limitation of Government Liability (Apr 1984) (a) In performing this contract, the Contractor is not authorized to make expenditures or incur obligations exceeding __________ dollars. (b) The maximum amount for which the Government shall be liable if this contract is terminated is ___________ dollars. (End of clause)
Record identifier52.216-24