FAR 52.232-1 - Payments

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Prescribed in 32.111(a)(1)

Effective Date:1 April 1984
Clause or Provision:Clause
Provision or Clause Number: 52.232-1 - Payments

Principle Type And/Or Purpose of Contract:
Required:Fixed Price, Supply; Fixed Price, Service
Applicable:Communication Services; Simplified Acquisition Procedures (Excludes Micro-Purchase); Utility Services
Optional:Facilities; Indefinite Delivery; Dismantling, Demolition or Removal of Improvements; Leasing of Motor Vehicles; Time & Material/Labor Hour; Cost Reimbursement, Construction; Cost Reimbursement, Supply; Cost Reimbursement, Service
Subject:Invoices and Payments
ProcurementType:
Contract Threshold:
Prescription Overview:

Prescription

(a) The contracting officer shall insert the following clauses, appropriately modified with respect to payment due dates, in accordance with agency regulations—

(1) The clause at 52.232-1, Payments, in solicitations and contracts when a fixed-price supply contract, a fixed-price service contract, or a contract for nonregulated communication services is contemplated;

Clause Overview:

Clause

The Government shall pay the Contractor, upon the submission of proper invoices or vouchers, the prices stipulated in this contract for supplies delivered and accepted or services rendered and accepted, less any deductions provided in this contract. Unless otherwise specified in this contract, payment shall be made on partial deliveries accepted by the Government if—

(a) The amount due on the deliveries warrants it; or

(b) The Contractor requests it and the amount due on the deliveries is at least $1,000 or 50 percent of the total contract price.

Important Notes/Requirements:
Subcontract Threshold:
Incorporated by Reference:Yes
Uniform Contract Format:
Editor:Marshall

Personal notes.