98-29722. Remission or Waiver of Liquidated Damages

[Federal Register Volume 63, Number 215 (Friday, November 6, 1998)]
[Notices]
[Pages 60041-60042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29722]


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DEPARTMENT OF THE TREASURY

[Treasury Order Number 145-10]


Remission or Waiver of Liquidated Damages

Dated: October 29, 1998.
    1. By virtue of authority vested in the Secretary of the Treasury, 
including the authority in 31 U.S.C. Sec. 321(b), I hereby delegate to 
the Commissioner, Financial Management Service, (the ``Commissioner''), 
the authority of the Secretary:
    a. upon a recommendation from the head of a contracting agency, to 
remit or waive all or part, as in his discretion may be just and 
equitable, of liquidated damages for delay assessed against a 
contractor, in conformity with provisions of 10 U.S.C. Sec. 2312 or 41 
U.S.C. Sec. 256a; and
    b. to exercise any right or power, make any finding or 
determination, or perform any duty or obligation which the Secretary is 
authorized to exercise, make or perform under 10 U.S.C. Sec. 2312 and 
41 U.S.C. Sec. 256a.
    2. The authority delegated to the Commissioner by paragraph 1 
further includes any matter in which the Secretary's authority to remit 
or waive liquidated damages under the cited

[[Page 60042]]

statutes is premised upon the delegation to the Secretary from the 
Acting Director, Office of Management and Budget, set forth in the 
Acting Director's ``Determination with Respect to Transfer of Functions 
Pursuant to Public Law 104-53,'' dated June 28, 1996.
    3. The Commissioner may redelegate in writing within the Financial 
Management Service the authority delegated by this order.
Robert E. Rubin,
Secretary of the Treasury.
[FR Doc. 98-29722 Filed 11-5-98; 8:45 am]
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