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Get the free FAR 52.232-22 Limitation of Funds , Contracting Officer ... - AVIAN

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N6133118F3000P00025 FINAL Page 1 of 2AMENDMENT OF SOLICITATION/MODIFICATION OF CONTRACT 2. AMENDMENT/MODIFICATION NUMBER3. EFFECTIVE DATEP00025 CODEOFPAGES125. PROJECT NUMBER (If applicable)N/A1300843359
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01
To fill out FAR 52232-22 Limitation of, follow these steps:
02
Review the specific terms and conditions of the contract.
03
Identify the areas where a limitation of liability is applicable.
04
Determine the maximum amount of liability that is acceptable.
05
Clearly state the limitation of liability in the contract clause.
06
Specify any exceptions or exclusions to the limitation of liability.
07
Ensure that both parties understand and agree to the limitation of liability.
08
Review and revise the limitation of liability clause as necessary before finalizing the contract.
09
Obtain legal advice if needed.

Who needs far 52232-22 limitation of?

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FAR 52232-22 Limitation of is needed by government contractors and suppliers who are involved in federal contracts. This limitation of liability clause protects contractors and suppliers from extensive financial liability in case of certain events or circumstances outlined in the contract. It is particularly relevant for contracts involving high risk or potential damages.
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