Use of customary progress payments.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Use of customary progress payments. 32.502-1 Section 32.502-1 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Progress Payments Based on Costs 32.502–1 Use of customary progress payments. The contracting officer may use a Progress Payments clause in solicitations and contracts, in accordance with this subpart. The contracting officer must reject as nonresponsive bids conditioned on progress payments when the solicitation did not provide for progress payments. [65 FR 16280, Mar. 27, 2000]