Federal Acquisition Regulation; Prompt Payment and the Recovery of Overpayment

Короткий зміст

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council (Councils) are proposing to amend the Federal Acquisition Regulation (FAR) to: Reflect changes made to the Office of Management and Budget (OMB) prompt payment regulations; Simplify and clarify the prompt payment coverage currently in the FAR; Require the contractor to notify the contracting officer if the contractor becomes aware of an overpayment; and Write all new and revised text using plain language in accordance with the White House memorandum, Plain Language in Government Writing, dated June 1, 1998.