Reference

More Resources

 

Section 5452.232-9000: Progress Payment Data.

As prescribed in 32.502-4(90), insert the following clause:

PROGRESS PAYMENT DATA (AUG 2005)- DLAD

 

If this solicitation, award, or order contains clause 52.232-16, Progress Payments, the following additional terms and conditions apply when selected:

    [ ] The liquidation rate for progress payments applicable to this contract is ___%.

    [ ] Stocking Up Process. Progress payments shall apply only for costs incurred in the “stocking up process” as set forth elsewhere in this solicitation/contract, and will be limited to an amount computed by multiplying the guaranteed minimum quantity for each line item by the corresponding liquidation rate.

    [ ] Unusually Large Order. Progress payments may be authorized at the sole discretion of the Contracting Officer when the Contractor is required to engage in a “stocking up process” of ______ days or more as the result of an unusually large order.

(End of clause)




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