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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 2 - Defense Acquisition Regulations System, Department of Defense |
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SubChapter H - Clauses and Forms |
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Part 252 - Solicitation Provisions and Contract Clauses |
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Subpart 252.2 - Text of Provisions And Clauses |
§ 252.232-7004 - DoD Progress Payment Rates.
Latest version.
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252.232-7004 DoD Progress Payment Rates.
As prescribed in 232.502-4-70(b), use the following clause:
DoD Progress Payment Rates (OCT 2014)
If the Contractor is a small business concern, the Progress Payments clause of this contract is modified to change each mention of the progress payment rate and liquidations rate (excepting paragraph (k), Limitations on Undefinitized Contract Actions) to 90 percent.
(End of clause)
[79 FR 61582, Oct. 14, 2014]