[Code of Federal Regulations] [Title 48, Volume 7] [Revised as of October 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR2911.501] [Page 23] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 29--DEPARTMENT OF LABOR PART 2911_DESCRIBING AGENCY NEEDS--Table of Contents Subpart 2911.5_Liquidated Damages Sec. 2911.501 Policy. In accordance with FAR 11.501(d), the authority of the Head of Agency to recommend to the Department of Treasury, Commissioner, Financial Management Services, that the amount of a contractor's liquidated damages be waived or reduced in whole or in part, is delegated to the HCA.