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from the day the invoice is mailed or transmitted to the purchaser until the<br />

date payment is received by the Government.<br />

(b) Administrative Costs will be charged monthly to cover the expense <strong>of</strong><br />

collecting delinquent debt. The current rate is $7.25/month.<br />

(c) A penalty will be assessed at the rate <strong>of</strong> 6% per year. The penalty charge<br />

accrues from the day the invoice is mailed or transmitted to the purchaser,<br />

and is assessed on any portion <strong>of</strong> the debt that is outstanding for more than 90<br />

days, including any interest and administrative costs.”<br />

22. SSP C.32, Disputes, is amended as follows:<br />

Paragraph (c) “$50,000” is changed to “$100,000”, and the following language is<br />

added to the certification “; and that I am duly authorized to certify the claim on<br />

behalf <strong>of</strong> the purchaser.”<br />

23. SPR Delivery Point Data (SSP Exhibit B) is supplemented as follows:<br />

Regarding the Government information reflected in 10 CFR Part 625 as amended,<br />

Standard Sales Provisions Exhibit B that were obtained from the terminals; it is<br />

the responsibility <strong>of</strong> the <strong>of</strong>ferors to confirm these specifications prior to<br />

nominations to insure most current information.<br />

24. Exhibit C – SAMPLE OFFER GUARANTEE STANDBY LETTER OF CREDIT<br />

is replaced by Attachment D <strong>of</strong> this NS. Instructions for Offer Letter <strong>of</strong> Credit are<br />

included in Attachment D <strong>of</strong> this NS.<br />

25. Exhibit D – SAMPLE PAYMENT AND PERFORMANCE LETTER OF<br />

CREDIT is replaced by Attachment E <strong>of</strong> this NS. Instructions for Payment and<br />

Performance Letter <strong>of</strong> Credit are included in Attachment E <strong>of</strong> this NS.<br />

26. By submission <strong>of</strong> an <strong>of</strong>fer, the <strong>of</strong>feror certifies that the <strong>of</strong>feror, and any entity<br />

owned or controlled by the <strong>of</strong>feror, does not engage in any activity for which<br />

sanctions may be imposed under Section 5 <strong>of</strong> the Iran Sanctions Act <strong>of</strong> 1997 (Pub.<br />

L. 104-172, 50 U.S.C. 1701 note) as modified by the Comprehensive Iran<br />

Sanctions, Accountability, and Divestment Act <strong>of</strong> 2010 (Pub. L. 111-195).<br />

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