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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 48 - Federal Acquisition Regulations System |
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Chapter 9 - Department of Energy |
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SubChapter I - Agency Supplementary Regulations |
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Part 970 - DOE Management and Operating Contracts |
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Subpart 970.32 - Contract Financing |
§ 970.3200-1 - Reduction or suspension of advance, partial, or progress payments.
Latest version.
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970.3200-1 Reduction or suspension of advance, partial, or progress payments.
(a) The procedures prescribed at 48 CFR 32.006 shall be followed regarding the reduction or suspension of payments under management and operating contracts.
(b) Agency head responsibilities under 48 CFR 32.006 have been delegated to the Senior Procurement Executive.
(c) The remedy coordination official is responsible for receiving, assessing, and making recommendations to the Senior Procurement Executive.