Regulation & law · 18/12/2001Updated: 10/17/2026 · 1 min read
Federal Acquisition Regulation to Reflect Changes in Prompt Payment Requirements
Summary
The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed on a final rule amending the Federal Acquisition Regulation to simplify and clarify prompt payment requirements, require contractors to notify of overpayments, and use plain language in new text.
Original source language: Federal Register — General Services AdministrationOpen original release →