Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 2 - Defense Acquisition Regulations System, Department of Defense |
SubChapter E - General Contracting Requirements |
Part 232 - Contract Financing |
Subpart 232.10 - Performance-Based Payments |
§ 232.1005-70 - Solicitation provisions and contract clauses.
-
232.1005-70 Contract Solicitation provisions and contract clauses.
b(a) The contracting officer shall include the following clauses with appropriate fill-ins in solicitations and contracts that include performance-based payments:
a(
1) For performance-based payments made on a whole-contract basis, use the clause at 252.232-7012, Performance-Based Payments - Whole-Contract Basis.
(
2) For performance-based payments made on a deliverable-item basis, use the clause at 252.232-7013, Performance-Based Payments - Deliverable-Item Basis.
(b) Use the provision at 252.232-7015, Performance-Based Payments - Representation, in solicitations where the resulting contract may include performance-based payments.
(c) Use the provision at 252.232-7016, Notice of Progress Payments or Performance-Based Payments, in lieu of FAR 52.232-13, Notice of Progress Payments, when the solicitation contains clauses for progress payments and performance-based payments (only one type of financing will be included in the resultant contract, except as may be authorized on separate orders subject to FAR 32.1003(c)).
[79 FR 17936, Mar. 31, 2014, as amended at 85 FR 19688, Apr. 8, 2020]