48 CFR 232.007 - Contract financing payments.

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There are 2 Updates appearing in the Federal Register for 48 CFR 232. View below or at eCFR (GPOAccess)
232.007 Contract financing payments.
(a) DoD policy is to make contract financing payments as quickly as possible. Generally, the contracting officer shall insert the standard due dates of 7 days for progress payments, and 14 days for performance-based payments and interim payments on cost-type contracts, in the appropriate paragraphs of the respective payment clauses. For interim payments on cost-reimbursement contracts for services, see 232.906(a)(i).
(b) The contracting officer should coordinate contract financing payment terms with offices that will be involved in the payment process to ensure that specified terms can be met. Where justified, the contracting officer may insert a due date greater than, but not less than, the standard. In determining payment terms, consider—
(i) Geographical separation;
(ii) Workload;
(iii) Contractor ability to submit a proper request; and
(iv) Other factors that could affect timing of payment.
[70 FR 75412, Dec. 20, 2005]

Title 48 published on 2013-10-01

The following are only the Rules published in the Federal Register after the published date of Title 48.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-07-31; vol. 79 # 147 - Thursday, July 31, 2014
    1. 79 FR 44313 - Defense Federal Acquisition Regulation Supplement: Application of Certain Clauses to Acquisitions of Commercial Items (DFARS Case 2013-D035)
      GPO FDSys XML | Text
      DEPARTMENT OF DEFENSE, Defense Acquisition Regulations System
      Final rule.
      Effective July 31, 2014.
      48 CFR Parts 211, 212, and 232

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United States Code
U.S. Code: Title 41 - PUBLIC CONTRACTS

Title 48 published on 2013-10-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 48 CFR 232 after this date.

  • 2014-07-31; vol. 79 # 147 - Thursday, July 31, 2014
    1. 79 FR 44313 - Defense Federal Acquisition Regulation Supplement: Application of Certain Clauses to Acquisitions of Commercial Items (DFARS Case 2013-D035)
      GPO FDSys XML | Text
      DEPARTMENT OF DEFENSE, Defense Acquisition Regulations System
      Final rule.
      Effective July 31, 2014.
      48 CFR Parts 211, 212, and 232