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DSCR I188D: PAYMENTS UNDER TIME-AND-MATERIALS AND LABOR-HOUR CONTRACTS, at FARSmarterBids.com

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DSCR I188D: PAYMENTS UNDER TIME-AND-MATERIALS AND LABOR-HOUR CONTRACTS


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Section: I
DPACS Code: I188D
BSM Code: I32F03
Clause Number: NOTE:52.232-7 or 32-4A-9G
Type: LOCAL
Clause last updated: 2007-02

Date of text: 2007-02 (current version)
I188D   52.232-7    CLARIFICATIONS    DSCR (FEB 2007)
        DSCR NOTE             
AND
I32F03   32-4A-9G   DSCR NOTE TO CLAUSE 52.232-7 
                    CLARIFICATIONS   (FEB 2007)   DSCR


    This note clarifies FAR Clause 52.232-7, Payments 
Under Time-and-Materials and Labor Hour Contracts.

    The word "contract" as cited in paragraphs (c) and 
(d) of the clause is defined, consistent with FAR 2.101, 
to include delivery orders issued against the basic contract.

    The withholding of five (5) percent of the amount due 
on vouchers in accordance with paragraph (a)(7) of the 
clause is not required.


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