Apr 15, 2011 · 3.2.5. THE KEY FEATURES TO CREATE LOCAL ECONOMIC ADDED VALUE (INDIRECT OFFSET) The ofset obligor has to respect the following rules to create local added …

Feb 18, 2020 · There are two types of offsets: direct offsets and indirect offsets. A direct offset involves benefits or obligations, including supplies or services that are directly related to the …

The agreement is normally reflected in a contract that specifies the percentage of the total defense-related export sale to be offset, the forms of industrial compensation required, the …

isions and the right to offset generally. We will conclude with suggested contract language and other practice tips that can help address these issues in some – but certainly not all – …

The Treasury Offset Program (TOP), operated by the Department of the Treasury’s Bureau of the Fiscal Service, is a fully-automated, centralized offset program that intercepts federal and state …

Below is a brief synopsis of how the right of offset has been limited in Virginia, Maryland, and the District of Columbia, and the applicability of such terms depending on whether the project is …

• An offset could be applied to a government payment for a service, e.g., fuel or communications, and the service is disrupted because the business identifies it as a non-payment