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.