52.215-11.dita

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  ditaarch:DITAArchVersion="1.2"
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  class="- topic/topic concept/concept ">
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  <title class="- topic/title ">
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- <ph class="- topic/ph " props="autonumber">52.215-11</ph> Price Reduction for Defective Certified Cost or Pricing Data-Modifications.</title>
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+ <ph class="- topic/ph " props="autonumber">52.215-11</ph> Price Reduction for Defective Certified Cost or Pricing Data&#8212;Modifications.</title>
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  <conbody outputclass="clause" class="- topic/body concept/conbody ">
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  <p class="- topic/p " id="d3215e8">As prescribed in <ph outputclass="ClauseProvisionXREF" class="- topic/ph ">
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  <xref href="15.408.dita#FAR_15_408"
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  base="i1106593"
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  outputclass="fm:ParaNumOnly"
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  class="- topic/xref ">15.408</xref>(c)</ph>, insert the following clause:</p>
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- <p outputclass="Ctr_SmCaps" class="- topic/p ">Price Reduction for Defective Certified Cost or Pricing Data-Modifications (Jun 2020)</p>
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+ <p outputclass="Ctr_SmCaps" class="- topic/p ">Price Reduction for Defective Certified Cost or Pricing Data&#8212;Modifications (Jun 2020)</p>
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  <ol id="d3180e25" class="- topic/ol ">
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  <li class="- topic/li ">
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  <li class="- topic/li ">
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  <p class="- topic/p " id="d3215e30">
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  <ph props="autonumber" class="- topic/ph ">(b)</ph>
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- If any price, including profit or fee, negotiated in connection with any modification under this clause, or any cost reimbursable under this contract, was increased by any significant amount because (1) the Contractor or a subcontractor furnished certified cost or pricing data that were not complete, accurate, and current as certified in its Certificate of Current Cost or Pricing Data, (2)a subcontractor or prospective subcontractor furnished the Contractor certified cost or pricing data that were not complete, accurate, and current as certified in the Contractor’s Certificate of Current Cost or Pricing Data, or (3) any of these parties furnished data of any description that were not accurate, the price or cost shall be reduced accordingly and the contract shall be modified to reflect the reduction. This right to a price reduction is limited to that resulting from defects in data relating to modifications for which this clause becomes operative under paragraph (a) of this clause.</p>
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+ If any price, including profit or fee, negotiated in connection with any modification under this clause, or any cost reimbursable under this contract, was increased by any significant amount because (1) the Contractor or a subcontractor furnished certified cost or pricing data that were not complete, accurate, and current as certified in its Certificate of Current Cost or Pricing Data, (2) a subcontractor or prospective subcontractor furnished the Contractor certified cost or pricing data that were not complete, accurate, and current as certified in the Contractor's Certificate of Current Cost or Pricing Data, or (3) any of these parties furnished data of any description that were not accurate, the price or cost shall be reduced accordingly and the contract shall be modified to reflect the reduction. This right to a price reduction is limited to that resulting from defects in data relating to modifications for which this clause becomes operative under paragraph (a) of this clause.</p>
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  </li>
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  <p class="- topic/p " id="d3215e76">
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  <ph props="autonumber" class="- topic/ph ">(i)</ph>
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- Except as prohibited by paragraph (d)(2)(ii) of this clause, an offset in an amount determined appropriate by the Contracting Officer based upon the facts shall be allowed against the amount of a contract price reduction if-</p>
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+ Except as prohibited by paragraph (d)(2)(ii) of this clause, an offset in an amount determined appropriate by the Contracting Officer based upon the facts shall be allowed against the amount of a contract price reduction if&#8212;</p>
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  <ol id="d3180e139" class="- topic/ol ">
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  <li class="- topic/li ">
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  <p class="- topic/p " id="d3215e82">
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  <ph props="autonumber" class="- topic/ph ">(A)</ph>
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- The Contractor certifies to the Contracting Officer that, to the best of the Contractor’s knowledge and belief, the Contractor is entitled to the offset in the amount requested; and</p>
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+ The Contractor certifies to the Contracting Officer that, to the best of the Contractor's knowledge and belief, the Contractor is entitled to the offset in the amount requested; and</p>
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  </li>
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  <p class="- topic/p " id="d3215e92">
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  <ph props="autonumber" class="- topic/ph ">(ii)</ph>
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- An offset shall not be allowed if-</p>
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+ An offset shall not be allowed if&#8212;</p>
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  <p class="- topic/p " id="d3215e108">
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  <ph props="autonumber" class="- topic/ph ">(e)</ph>
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- If any reduction in the contract price under this clause reduces the price of items for which payment was made prior to the date of the modification reflecting the price reduction, the Contractor shall be liable to and shall pay the United States at the time such overpayment is repaid-</p>
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+ If any reduction in the contract price under this clause reduces the price of items for which payment was made prior to the date of the modification reflecting the price reduction, the Contractor shall be liable to and shall pay the United States at the time such overpayment is repaid&#8212;</p>
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  Interest compounded daily, as required by <xref href="http://uscode.house.gov/browse.xhtml;jsessionid=114A3287C7B3359E597506A31FC855B3"
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- class="- topic/xref ">26U.S.C.6622</xref>, on the amount of such overpayment to be computed from the date(s) of overpayment to the Contractor to the date the Government is repaid by the Contractor at the applicable underpayment rate effective for each quarter prescribed by the Secretary of the Treasury under <xref href="http://uscode.house.gov/browse.xhtml;jsessionid=114A3287C7B3359E597506A31FC855B3"
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+ class="- topic/xref ">26 U.S.C. 6622</xref>, on the amount of such overpayment to be computed from the date(s) of overpayment to the Contractor to the date the Government is repaid by the Contractor at the applicable underpayment rate effective for each quarter prescribed by the Secretary of the Treasury under <xref href="http://uscode.house.gov/browse.xhtml;jsessionid=114A3287C7B3359E597506A31FC855B3"
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- class="- topic/xref ">26 U.S.C.6621(a)(2)</xref>; and</p>
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+ class="- topic/xref ">26 U.S.C. 6621(a)(2)</xref>; and</p>
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  </li>
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  <p class="- topic/p " id="d3215e125">