Contract financing payment definition
Contract financing payment means an authorized Government disbursement of monies to a contractor prior to acceptance of supplies or services by the Government.
Contract financing payment as used in this subpart, means a Government disbursement of monies to a contractor under a contract clause or other authorization prior to acceptance of supplies or services by the Government. Contract financing payments include advance payments, progress payments based on cost under the clause at 52.232-16, Progress Payments, progress payments based on a percentage or stage of completion (see 32.102(e)(1)) other than those made under the clause at 52.232-5, Payments Under Fixed-Price Construction Contracts or the clause at 52.232-10, Payments Under Fixed-Price Architect- Engineer Contracts, and interim payments on cost-type contracts.
Contract financing payment means an authorized Government disbursement of monies
Examples of Contract financing payment in a sentence
As used in this clause-- Contract financing payment means an authorized Government disbursement of monies to a contractor prior to acceptance of supplies or services by the Government.
More Definitions of Contract financing payment
Contract financing payment. ’ means a Government disbursement of monies to a Contractor under a contract clause or other authorization prior to acceptance of supplies or services by the Government, other than progress payments based on estimates of amount and value of work performed.
Contract financing payment and "invoice payment" have the meanings given in section 32.001 of the Federal Acquisition Regulation.
Contract financing payment and "invoice payment" have the meanings given in section 32.001 of the Federal Acquisition Regulation.