§ 252.232-7015 - Performance-Based Payments - Representation.

252.232-7015 Performance-Based Payments - Representation.

Cross Reference

Link to an amendment published at 87 FR 76998, Dec. 16, 2022.

As prescribed in 232.1005-70(b), use the following provision:

Performance-Based Payments - Representation (APR 2020DEC 2022)

(a) In accordance with 10 U.S.C. 23073802(b)(4)(A)c), the Contractor's financial statements shall be in compliance with Generally Accepted Accounting Principles in order to receive performance-based payments.

(b) The Offeror represents that its financial statements are [ ] are not [ ] in compliance with Generally Accepted Accounting Principles.

(End of provision)

[85 FR 19691, Apr. 8, 2020, as amended at 87 FR 76998, Dec. 16, 2022]