GSAR Case 2006-G515; Rewrite of Part 532, Contract Financing (Comment #2)

532.908(a)(1): There is no para. (a)(6)(i) in clause 52.232-25; it appears para. (a)(5) (i) was intended to be referenced as it does mention constructive acceptance. 532.908(a)(3): FAR 52.232-26(a)(4)(i)(B) does not give the option of entering an alternative to the 7 days constructive approval for prompt payment as included in the clause. In addition, the instructions state “insert the…clause,” not “insert a clause substantially the same as.” The intent is clear that we do not have the latitude for revisions to this clause that we do have on others. Therefore, this para. is unnecessary and potentially confusing as it implies contracting officer’s do have the ability to enter something other than 7 days. 532.908(b)(1): FAR 52.232-27(a)(1)(i)(A) does not give the option of entering an alternative to the 14 days for payment as included in the clause. In addition, the instructions state “insert the…clause,” not “insert a clause substantially the same as.” The intent is clear that we do not have the latitude for revisions to this clause that we do have on others. Therefore, this para. is unnecessary and potentially confusing as it implies contracting officer’s do have the ability to enter something other than 7 days. 532.908(b)(2): FAR 52.232-27(a)(4)(i) does not give the option of entering an alternative to the 7 days constructive approval for prompt payment as included in the clause. In addition, the instructions state “insert the…clause,” not “insert a clause substantially the same as.” The intent is clear that we do not have the latitude for revisions to this clause that we do have on others. Therefore, this para. is unnecessary and potentially confusing as it implies contracting officer’s do have the ability to enter something other than 7 days. 552.232-1: While this deviation is included in Part 552, there is no corresponding mention of it in the clause section of Part 532 (i.e. 532.908 Contract Clauses). The prescription for this clause must be added in Part 532. 552.532-73: The prescription should be revised from “532.705-1” to “532.705-1(b).”