§ 101. — Declaration of policy.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 41USC101]
TITLE 41--PUBLIC CONTRACTS
CHAPTER 2--TERMINATION OF WAR CONTRACTS
Sec. 101. Declaration of policy
The Congress declares that the objectives of this chapter are--
(a) to facilitate maximum war production during the war, and to
expedite reconversion from war production to civilian production as
war conditions permit;
(b) to assure to prime contractors and subcontractors, small and
large, speedy and equitable final settlement of claims under
terminated war contracts, and adequate interim financing until such
final settlement;
(c) to assure uniformity among Government agencies in basic
policies and administration with respect to such termination
settlements and interim financing;
(d) to facilitate the efficient use of materials, manpower, and
facilities for war and civilian purposes by providing prime
contractors and subcontractors with notice of termination of their
war contracts as far in advance of the cessation of work thereunder
as is feasible and consistent with the national security;
(e) to assure the expeditious removal from the plants of prime
contractors and subcontractors of termination inventory not to be
retained or sold by the contractor;
(f) to use all practicable methods compatible with the foregoing
objectives to prevent improper payments and to detect and prosecute
fraud.
(July 1, 1944, ch. 358, Sec. 1, 58 Stat. 649.)
Short Title
Section 27 of act July 1, 1944, provided that: ``This Act [enacting
this chapter] may be cited as the `Contract Settlement Act of 1944'.''
Separability
Section 26 of act July 1, 1944, provided: ``If any provision of this
Act [enacting this chapter], or the application of such provision to any
person or circumstance, is held invalid, the remainder of this Act or
the application of such provision to persons or circumstances other than
those as to which it is held invalid, shall not be affected thereby.''