Administracja i zamówienia · 04/03/1999

Federal Acquisition Regulation; Electronic Funds Transfer

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council have agreed to adopt as final, with changes, the interim rule published in Federal Acquisition Circular 90- 42 on August 29, 1996. The rule amends the Federal Acquisition Regulation (FAR) to address the use of electronic funds transfers (EFT) for Federal contract payments made after January 1, 1999, and to facilitate implementation of Public Law 104-134 which mandates payment by EFT in most situations.