48 C.F.R. · Federal Acquisition Regulations System
48 C.F.R. § 32.903

Responsibilities.

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Regulatory Text

48 C.F.R. § 32.903 — Responsibilities.

Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false Responsibilities. 32.903 Section 32.903 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Prompt Payment 32.903 Responsibilities. (a) Agency heads— (1) Must establish the policies and procedures necessary to implement this subpart; (2) May prescribe additional standards for establishing invoice payment due dates (see 32.904) necessary to support agency programs and foster prompt payment to contractors; (3) May adopt different payment procedures in order to accommodate unique circumstances, provided that such procedures are consistent with the policies in this subpart; (4) Must inform contractors of points of contact within their cognizant payment offices to enable contractors to obtain status of invoices; and (5) May authorize the use of the accelerated payment methods specified at 5 CFR 1315.5, but see 32.009–1(a). (b) When drafting solicitations and contracts, contracting officers must identify for each line item number, subline item number, or exhibit line item number— (1) The applicable Prompt Payment clauses that apply to each item when the solicitation or contract contains items that will be subject to different payment terms; and (2) The applicable Prompt Payment food category ( e.g., which item numbers are meat or meat food products, which are perishable agricultural commodities), when the solicitation or contract contains multiple payment terms for various classes of foods and edible products. [66 FR 65355, Dec. 18, 2001, as amended at 82 FR 4714, Jan. 13, 2017; 88 FR 9733, Feb. 14, 2023]

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48 C.F.R. § 32.903
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