[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.