Solicitation provisions.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Solicitation provisions. 32.502-3 Section 32.502-3 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Progress Payments Based on Costs 32.502–3 Solicitation provisions. (a) The contracting officer shall insert the provision at 52.232–13, Notice of Progress Payments, in invitations for bids and requests for proposals that include a Progress Payments clause. (b)(1) Under the authority of the statutes cited in 32.101, an invitation for bids may restrict the availability of progress payments to small business concerns only. (2) The contracting officer shall insert the provision at 52.232–14, Notice of Availability of Progress Payments Exclusively for Small Business Concerns, in invitations for bids if it is anticipated that (1) both small business concerns and others may submit bids in response to the same invitation and (2) only the small business bidders would need progress payments. (c) The contracting officer shall insert the provision at 52.232–15, Progress Payments Not Included, in invitations for bids if the solicitation will not contain one of the provisions prescribed in paragraphs (a) and (b) above.