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Administracja i zamówienia · 18/09/2000

Federal Acquisition Regulation; Financing Policies

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council are proposing changes to the Federal Acquisition Regulation to allow contractors to use performance-based financing on fixed-price contracts before finalizing the agreement, and to set a standard 30-day payment period for contractors to pay vendors after the government has reimbursed them for incurred vendor costs.

Source: Federal Register — General Services AdministrationOpen original release →