Request for Ruling on Propriety of Contract Modifications
B-33801
Published: Oct 27, 1943. Publicly Released: Oct 27, 1943.
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Highlights
GAO commented on whether it would be required to object to otherwise proper payments made under two contract provisions relating to the establishment of a collateral or guarantee fund to secure premiums for insurance coverage, and the establishment of an employee benefits fund. GAO held that it would not object to payments made under the two provisions involved.
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Contract modificationsContract termsContractor paymentsCost plus fixed fee contractsEmployee benefit plansEmployee survivors benefitsInsurance premiumsSurety bondsWorkers compensationInsurance coverage