Invoice Payment

“Invoice payment” means a Government disbursement of monies to a contractor under a contract or other authorization for supplies or services accepted by the Government. (1) Invoice payments include—

• (i) Payments for partial deliveries that have been accepted by the Government;
• (ii) Final cost or fee payments where amounts owed have been settled between the Government and the contractor;
• (iii) For purposes of Subpart 32.9 only, all payments made under the clause at 52.232-5, Payments Under Fixed-Price Construction Contracts, and the clause at 52.232-10, Payments Under Fixed-Price Architect-Engineer Contracts; and
• (iv) Interim payments under a cost-reimbursement contract for services when Alternate I of the clause at 52.232-5, Prompt Payment, is used.

(2) Invoice payments do not include contract financing payments.