Code of Federal Regulations · Section
§ 32.1003 — 32.1003 Criteria For Use
48 C.F.R. § 32.1003
View:
The contracting officer may use performance-based payments for individual orders and contracts provided—
(a) The contracting officer and offeror agree on the performance-based payment terms;
(b) The contract, individual order, or line item is a fixed-price type;
(c) For indefinite delivery contracts, the individual order does not provide for progress payments; and
(d) For other than indefinite delivery contracts, the contract does not provide for progress payments.
Authorizing Statute
-
Chapter 137 legacy provisions10 U.S.C. § 3016
-
Administrative40 U.S.C. § 121
-
General authority41 U.S.C. § 1121
-
Powers of the Administration in performance of functions51 U.S.C. § 20113