[Code of Federal Regulations]

[Title 48, Volume 4]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR532.908]



[Page 200]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

               CHAPTER 5--GENERAL SERVICES ADMINISTRATION

 

PART 532_CONTRACT FINANCING--Table of Contents

 

                      Subpart 532.9_Prompt Payment

 

Sec. 532.908  Contract clauses.



    (a) Federal Supply Service. For FSS Stock, Special Order, and 

Schedules solicitations and contracts that provide payment in 10 days 

under 532.905(c):

    (1) If the contract will include FAR 52.212-4 insert the clause at 

552.232-74, Invoice Payments. GSA received a class deviation to allow 

use of 552.232-74 for commercial items.

    (2) If the contract will not include FAR 52.212-4, insert 552.232-

25, Prompt Payment, instead of FAR 552.232-25.

    (b) Leasehold Interests in Real Property. (1) Insert 552.232-75, 

Prompt Payment, in solicitations and contracts for acquiring leasehold 

interests in real property.

    (i) You may modify the date for constructive acceptance in 

subparagraph (b)(2) of the clause to specify a period longer than 7 

calendar days (but not to exceed 30 days) if necessary because of the 

nature of the services to be received, inspected or accepted by the 

Government. Prepare a written justification for specifying the longer 

period and obtain your contracting director's approval.

    (ii) Use Alternate I if the lease contract does not contain 

provisions for ordering alterations or overtime utility services.

    (2) Insert 552.232-76, Electronic Funds Transfer Payment, in 

solicitations and contracts for acquisition of leasehold interests in 

real property.

    (c) Solicitations, purchase orders, contracts, and leases over the 

micropurchase theshold. Insert 552.232-78, Payment information:

    (1) In all solicitations, purchase orders, and contracts, including 

acquisitions of leasehold interests in real property.

    (2) In task and delivery orders if the contract that the order is 

placed against does not include the clause.



[64 FR 37222, July 9, 1999, as amended at 65 FR 41379, July 5, 2000]



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