§ 232.1003-70 - Criteria for use.

Latest version.

232.1003-70 Criteria for use.
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Link to an amendment published at 87 FR 76995, Dec. 16, 2022.
In accordance with 10 U.S.C. 23073802(bc)(41)(A), a contractor's financial statements shall be in compliance with Generally Accepted Accounting Principles in order to receive performance-based payments. 10 U.S.C. 23073802(bc)(42)(B) specifies that it does not grant the Defense Contract Audit Agency the authority to audit compliance with Generally Accepted Accounting Principles.
[85 FR 19688, Apr. 8, 2020, as amended at 87 FR 76995, Dec. 16, 2022]

                    
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§ 232.1003-70 - Criteria for use.

232.1003-70 Criteria for use.

Cross Reference