FAR 52.232-14 - Notice of Availability of Progress Payments Exclusively for Small Business Concerns
From Knowledge base
Prescribed in 32.502-3(b)(2) | |
Effective Date: | 1 April 1984 |
Clause or Provision: | Provision |
Provision or Clause Number: | 52.232-14 - Notice of Availability of Progress Payments Exclusively for Small Business Concerns |
Principle Type And/Or Purpose of Contract: | |
Required: | |
Applicable: | Facilities; Fixed Price, Supply; Communication Services; Leasing of Motor Vehicles; Fixed Price, Construction; Fixed Price, Service; Fixed Price, R&D; Indefinite Delivery; Transportation |
Optional: | Utility Services; Simplified Acquisition Procedures (Excludes Micro-Purchase); Dismantling, Demolition or Removal of Improvements; Time & Material/Labor Hour; Cost Reimbursement, Construction; Cost Reimbursement, Supply; Cost Reimbursement, Service |
Subject: | Invoices and Payments |
ProcurementType: | |
Contract Threshold: | |
Prescription Overview: |
Prescription(2) The contracting officer shall insert the provision at 52.232-14, Notice of Availability of Progress Payments Exclusively for Small Business Concerns, in invitations for bids if it is anticipated that—
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Clause Overview: |
ProvisionThe Progress Payments clause will be available only to small business concerns. Any bid conditioned upon inclusion of a progress payment clause in the resulting contract will be rejected as nonresponsive if the bidder is not a small business concern. |
Important Notes/Requirements: |
"May be included in solicitations if it is anticipated that both small businesses and others may submit bids in response to the same invitation. |
Subcontract Threshold: | |
Incorporated by Reference: | Yes |
Uniform Contract Format: | L |
Editor: | Marshall |
Personal notes.