Flow down clause sample
WebFor example, the risk associated with performance of a scope of work will often be the subject of a flow-down provision. For example, a clause might read: “Subcontractor …
Flow down clause sample
Did you know?
WebAug 4, 2015 · A “flow-down” provision is a clause in a construction subcontract that incorporates into the subcontract certain obligations, rights, or remedies provided in the project’s prime contract. WebCLAUSES APPLICABLE TO PURCHASES OF “COMMERCIAL ITEMS” The following clauses apply to Orders involving “commercial items,” a term defined at FAR 52.202-1. …
WebJan 6, 2024 · For example, when it comes to government property, Federal Acquisition Regulation (FAR) 52.245-1 requires contractors to“ ... “A flow-down clause is a contract … WebSample 1 Sample 2. Flow-down Clauses. (01/19) Contractor shall include the following clauses, or substantially similar language, in its subcontracts under this Price Agreement: Section 4.4, Confidentiality Section 5.3, Compliance with Non -Discrimination Laws and … Clause: Order of Precedence. Contract Type. Jurisdiction. Country. Include …
WebMay 14, 2024 · For example, the prime has commitments to the Government that have to be protected in the subcontract. ... Mandatory flow-down clauses include Contract Cost and Accounting clauses such as the Audit clause (FAR 52.215-2), labor clauses such as Equal Employment Opportunity clause, (FAR 52.222-26), Ethics clauses such as the … WebJan 27, 2024 · Here is a sample flow down clause: The Subcontractor shall be bound by the terms and conditions set forth in the Contractor’s agreement with the End-Client …
WebThe purpose of flow down clauses is a practical one because service providers don’t want to risk liability to the end client on account of something caused by the subcontractor. For example, if there is non-conforming work or intellectual property infringement, a service provider will want the right to pass that liability on to the ...
WebFor example, the risk associated with performance of a scope of work will often be the subject of a flow-down provision. For example, a clause might read: “Subcontractor agrees to assume all obligations for the Work as generally described above and more particularly described in the plans and specifications.” This clause transfers the risk ... chip healthcare paWebThe flow-down clauses listed below are grouped by subcontract dollar value thresholds. ... value of the Subcontract, the greater the number of applicable groups to review and clauses to be incorporated. For example, if the Subcontract is valued above $700,000, incorporate all clauses listed in groups A through J unless the ... chip health insurance log inWebOct 15, 2015 · In these circumstances, a flow-down clause would ideally be drafted to address the specific terms of the main contract that apply to the subcontract. These specific provisions might include such ... grantor on notice of commencementWebAug 17, 2024 · In addition to the clauses in FAR 52.244-6 or FAR 52.212-5(e), prime contractors should consider flowing down certain clauses beyond the mandatory flow … grantor of irrevocable trust as trusteeWebAug 17, 2024 · Flow-Down Clauses: Best Practices. Government Contracts Navigator August 17, 2024. Federal government contractors and subcontractors often struggle with … grantor of the trust definitionWebof the Agreement/Order. The full text of the Uniform Guidance may be found at 2 CFR Part 200. Seller/Vendor agrees to flow down all applicable clauses from the Uniform Guidance to lower-tier subcontractors. Seller/Vendor further agrees to comply with all applicable agency -specific terms and conditions , which may be found grantor on helocWebAug 17, 2024 · In addition to the clauses in FAR 52.244-6 or FAR 52.212-5(e), prime contractors should consider flowing down certain clauses beyond the mandatory flow-down clauses. For example, FAR 52.209-6 … chip health insurance mississippi