Difference between revisions of "FAR 52.232-12 - Advance Payments"

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Revision as of 08:48, 14 June 2014

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Prescribed in 32.412(a)

Effective Date:
Clause or Provision:Clause
Provision or Clause Number: 52.232-12 - Advance Payments

Principle Type And/Or Purpose of Contract:
Required:
Applicable:Fixed Price Supply; Cost Reimbursement Supply; Fixed Price Research and Development; Cost Reimbursement Research and Development; Fixed Price Service; Cost Reimbursement Service; Fixed Price Construction; Cost Reimbursement Construction; Time and Materials/Labor Hour; Leasing of Motor Vehicles; Communication Services; Dismantling, Demolition, or Removal of Improvements; Architect-Engineering; Facilities; Indefinite Delivery; Transportation; Simplified Acquisition Procedures; Utility Services; 
Optional:
Subject:
ProcurementType:
Contract Threshold:
Prescription Overview:
Clause Overview:

This clause requires funds to be placed in interest-bearing account, among other special conditions, requirements and risks, such as liens.

Important Notes/Requirements:
Subcontract Threshold:
Incorporated by Reference:No
Uniform Contract Format:I
Editor:

Personal notes.