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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 3. Commerce, Community, and Economic Development. |
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Part 3.1. Banking, Securities, Small Loans and Corporations. |
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Chapter 3.109. Procurement for Alaska Energy Authority Managed Grants. |
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Article 3.109.4. Competitive Sealed Proposals. |
Section 3.109.550. Standard contract clauses.
Latest version.
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(a) The chief procurement officer, in consultation with the attorney general, may establish standard contract clauses that provide for appropriate remedies and cover the following subjects: (1) liquidated damages; (2) order of precedence of contract documents; (3) specified excuses for delay or nonperformance; (4) termination of the contract for default; (5) termination of the contract in whole or in part for the convenience of the grantee or authority; (6) adjustments in time including renewals or extensions; (7) dispute resolution; (8) adjustments in price; (9) changes in work; (10) additional work; (11) amendments. (b) The standard clauses to be used in a contract will be identified in a separate appendix to the contract and referenced in the solicitation. (c) A procurement officer may vary the standard clauses for inclusion in a particular contract if (1) the variations and the circumstances justifying them are documented; and (2) the procurement officer receives written approval of the attorney general as to form.