Contractor Contract Template With Payment Plan In Bexar
State:
Multi-State
County:
Bexar
Control #:
US-0028BG
Format:
Word;
Rich Text
Instant download
Description
The Foreign Corrupt Practices Act of 1977 resulted from bribery of foreign government officials by Lockheed Aircraft Company. This Act is designed to prevent the bribing of foreign officials in order to obtain foreign government contracts. Payments to foreign officials for “facilitation,†often referred to as grease payments, are not prohibited under FCPA so long as these payments are made only to get officials to do their normal jobs that they might not do, or would do slowly, without some payment. These payments can be made only to secure a permit or license; obtain paper processing; secure police protection; provide phone, water, or power supply; or similar such actions.
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FAQ
"Small, Minority, and Women Owned Business Enterprise" or "SMWBE" means those business entities with a certification designation from an authorized certification agency as a woman, small or a minority group certification, such as a Historically Underutilized Business (HUB), or Disadvantaged Business Enterprise (DBE), ...
The creditor should sign the Letter in the space provided before sending it to the debtor. If the debtor agrees to the repayment plan set out in the Letter Accepting Payments in Instalments, they should countersign the Letter in the space provided. This makes the Letter a binding agreement between the parties.