[Code of Federal Regulations] [Title 48, Volume 3] [Revised as of October 1, 2002] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR232.1001] [Page 278] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM CHAPTER 2--DEPARTMENT OF DEFENSE PART 232--CONTRACT FINANCING--Table of Contents Subpart 232.10--Performance-Based Payments Sec. 232.1001 Policy. Source: 63 FR 11537, Mar. 9, 1998, unless otherwise noted. (d) The contracting officer shall use the following standard prompt payment terms for performance-based payments: The contractor entitlement date, if any, specified in the contract, or 14 days after receipt by the designated billing office of a proper request for payment, whichever is later.