# Federal Acquisition Regulation; Prompt Payment
> **US Department of Defense** · Final rule. · Published 1997-03-17 · Effective 1997-05-16 · 62 FR 12705
## Document
- **Document number:** 97-6319
- **Category:** other
- **Sub-agency:** US Department of Defense
- **Federal Register citation:** 62 FR 12705
- **CFR reference:** 48 CFR 32
- **Publication date:** 1997-03-17
- **Effective date:** 1997-05-16
- **DOD docket:** FAC 90-46
## Abstract

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule amending the Federal Acquisition Regulation (FAR) to incorporate changes required by the Prompt Payment Act Amendments of 1988. This regulatory action was not subject to Office of Management and Budget (OMB) review under Executive Order 12866, dated September 30, 1993, and is not a major rule under 5 U.S.C. 804.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1997/03/17/97-6319/federal-acquisition-regulation-prompt-payment)
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