Federal Acquisition Regulations; Payment of Subcontractors
other · US Department of Defense · Rule · Published 2016-12-20 · Effective 2017-01-19 · 81 FR 93481
Document
Document number
2016-30221
Federal Register citation
81 FR 93481
CFR reference
48 CFR 1
Type
Rule
Action
Final rule.
Category
other
Sub-agency
US Department of Defense
Publication date
2016-12-20
Effective date
2017-01-19
DOD docket
FAC 2005-94
Abstract
DoD, GSA, and NASA are issuing a final rule amending the Federal Acquisition Regulation (FAR) to implement a section of the Small Business Jobs Act of 2010. This statute requires contractors to notify the contracting officer, in writing, if the contractor pays a reduced price to a small business subcontractor or if the contractor's payment to a small business subcontractor is more than 90 days past due.