TAR 1252.216-74 — Settlement of Letter Contract

TAR — Transportation · Contract clause · dated NOV 2022 · prescribed in 1216.603

Official text of 1252.216-74

As prescribed in 1216.603–4, insert the following clause:

Settlement of Letter Contract (NOV 2022)

(a) This contract constitutes the definitive contract contemplated by issuance of letter contract___[insert number] dated___[insert effective date]. It supersedes the letter contract and its modification number(s)___[insert number(s)] and, to the extent of any inconsistencies, governs.

(b) The cost(s) and fee(s), or price(s), established in this definitive contract represents full and complete settlement of letter contract___[insert number] and modification number(s)___[insert number(s)]. Payment of the agreed upon fee or profit withheld pending definitization of the letter contract, may commence immediately at the rate and times stated within this contract.

(End of clause)

Where it's prescribed

As prescribed in 1216.603–4, insert the following clause:

Verifying this text

The text above is reproduced verbatim from GSA's published source files for the Transportation supplement. The controlling version is the one in the Code of Federal Regulations: 1252.216-74 on eCFR.