Class Deviation 2014-O0019
Providing Accelerated Payment to Small Business Subcontractors

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.

Effective Date: August 1, 2014 (8 years ago)
Expire Date: December 31, 2017 (5 years ago)
Official Documents: Memo
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