Federal Acquisition Regulation; Payments Under Fixed-Price Construction Contracts
other · US Department of Defense · Rule · Published 2002-08-30 · Effective 2002-09-30 · 67 FR 56124
Document
Document number
02-21871
Federal Register citation
67 FR 56124
CFR reference
48 CFR 52
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Defense
Publication date
2002-08-30
Effective date
2002-09-30
DOD docket
FAC 2001-09
Abstract
The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) have agreed on a final rule amending the Federal Acquisition Regulation (FAR) to clarify in the certification language of the clause entitled Payments Under Fixed- Price Construction Contracts that all payments due to subcontractors and suppliers have been made by the prime contractor from previous progress payments received from the Government.