Effective August 1, 2014, DoD has re-instated the temporary practice of providing accelerated payments to all prime contractors (see OMB Memorandum M-14-10, dated July 10, 2014). DoD contracting officers shall continue to use the clause at FAR 52.232-40, Providing Accelerated Payments to Small Business Subcontractors, which requires contractors, upon receipt of accelerated payments from the Government, to make accelerated payments to small business subcontractors.
Status: |
Archived
Expired
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Effective Date: | August 1, 2014 (7 years ago) |
Expire Date: | December 31, 2017 (3 years ago) |
Official Documents: | Memo |