SUBPART 232.10--PERFORMANCE-BASED PAYMENTS

 

 

 232.1001 Policy.
 232.1004 Procedure.
 232.1007 Administration and payment of performance-based payments.


232.1001  Policy.

 

      (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.

 

232.1004  Procedure.

 

      (c)  Instructions for multiple appropriations.  If the contract contains foreign military sales requirements, the contracting officer shall provide instructions for distribution of the contract financing payments to each country’s account.

 

232.1007  Administration and payment of performance-based payments.

 

      (b)(2)  If the contract contains foreign military sales requirements, each approval shall specify the amount of contract financing to be charged to each country’s account.