September 12, 1988
Subject: Amendment to Army Advance Payment Pool Agreement No. DACA-FAP-B-84-0009
Enclosed is a copy of a revised amendment to the Advanced Payment Pool Agreement Without Special Bank Account (Agreement No. DACA-FAP-B-84-0009) between the University and the Department of the Army. This revised amendment corrects the dollar amount stated in Paragraph 2(d).
All other terms and conditions of this Agreement issued with Contracts and Grants Memo 85-6, April 7, 1985, as amended by Supplement No. 1, August 18, 1987 and Supplement No. 2, August 2, 1988, remain unchanged.
Refer: Samuela Evans
Subject Index: 06,15
Organization Index: F-210, F-225
David F. Mears
University Contracts and Grants Coordinator
Campus Accounting Officers
Campus Materiel Managers
Associate Vice President Alter
Paragraphs l(b).l(c), 2(a) and 2(d) of the above named Agreement is canceled and superseded by the following paragraphs:
(1)-Maximum amount of Advance Payments.
(b) No payment shall be made if either such payment (i) together with all advance payments heretofore made results in unliquidated advances exceeding $850,000.00, or (ii) exceeds the total amount remaining to be paid under the pool contracts.
(c) The amount contained in paragraph l(b) shall not be increased or decreased unless the contractor's annual average cash requirement fluctuates more than $85,000.00.
(2) Submission of Requests for Advance Payments.
2(a) The Contractor shall submit to the Approving Officer (see paragraph(10) hereof) thirty days after the date of this Agreement, an Advance Payment Request in amount of $850,000.00 in accordance with the form provided in Annex A hereto.
2(d) Any additional requests for an advance shall be a matter of negotiation between the Contractor and the Approving Officer. Notwithstanding, an additional advance shall not be granted unless the Contractor's annual average cash requirements exceeds the initial pool advance by $85,000 as specified in paragraph l(c).
UNIVERSITY OF CALIFORNIA
Willie C. Archie
NAME AND TITLE
Acting University Contracts
and Grants Coordinator July 26, 1988
THE UNITED STATES OF AMERICA
DAVID D. MORRIS
BANKING AND CONTRACT FINANCING