96-3220. Criteria for Fixed Price Service Contracts

[Federal Register Volume 61, Number 31 (Wednesday, February 14, 1996)]
[Notices]
[Page 5777]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-3220]



=======================================================================
-----------------------------------------------------------------------

GENERAL SERVICES ADMINISTRATION


Criteria for Fixed Price Service Contracts

AGENCY: Office of the Chief Financial Officer, General Services 
Administration.

ACTION: Notice of Criteria.

-----------------------------------------------------------------------

SUMMARY: The General Services Administration issues payments via a 
fixed roll payment system process through the GSA Finance Division in 
Forth Worth, Texas, of fixed price recurring service contracts without 
the submission of invoices. Contracts must be fixed price for a period 
of at least two months and must not contain discount terms. Contracts 
are payable 30 days following completion of the service month. 
Contracts awarded to nonprofit workshops under the Javits-Wagner O'Day 
Act which are generally paid in 20 days and contracts awarded using 
commercial item procedures in Part 12 of the FAR do not qualify. 
Contracts on the fixed roll payment system may not be assigned to a 
financial institution.

FOR FURTHER INFORMATION CONTACT:
Mike Gilmartin, Telephone number [phone] (this is not a toll 
free number).


    Dated: February 1, 1996.
Mike Gilmartin,
Chief, BCDP Payables and Cash Management Branch, Financial Information 
Control Division.
[FR Doc. 96-3220 Filed 2-13-96; 8:45 am]
BILLING CODE 6820-34-M