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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 1 - Federal Acquisition Regulation |
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SubChapter E - General Contracting Requirements |
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Part 32 - Contract Financing |
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Subpart 32.9 - Prompt Payment |
§ 32.901 - Applicability.
Latest version.
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32.901 Applicability.
(a) This subpart applies to invoice payments on all contracts, except contracts with payment terms and late payment penalties established by other governmental authority (e.g., tariffs).
(b) This subpart does not apply to contract financing payments (see definition at 32.001).