§904.12. Payments to contractors.
10 C.F.R. § 904.12
Funds advanced to the Secretary of the Interior for the Uprating Program and costs reasonably incurred by the Contractor in advancing such funds, as approved by Western, shall be returned to the Contractor advancing the funds during the Contract period through credits on that Contractor's power bills. Appropriate credits will be developed and applied pursuant to terms and conditions agreed to by contract or agreement.
All other obligations of the United States to return funds to a Contractor shall be repaid to such Contractor through credits on power bills, with or without interest, pursuant to terms and conditions agreed to by contract or agreement.
Notes, amendments, and revision history
Authority
Authority: Reclamation Act of 1902 (32 Stat. 388); Boulder Canyon Project Act of 1928 (43 U.S.C. 617 et seq. ); Boulder Canyon Project Adjustment Act of 1940 (43 U.S.C. 618 et seq. ); Department of Energy Organization Act (42 U.S.C. 7101 et seq. ); Colorado River Storage Project Act of 1956 (43 U.S.C. 620 et seq. ); Colorado River Basin Project Act of 1968 (43 U.S.C. 1501 et seq. ); and Hoover Power Plant Act of 1984 (98 Stat. 1333 (43 U.S.C. 619 et seq. )).
Source
Source: 51 FR 43154, Nov. 28, 1986, unless otherwise noted.