Code of Federal Regulations · Section
§ 232.501-1 — 232.501-1 Customary Progress Payment Rates
48 C.F.R. § 232.501-1
View:
(a) The customary progress payment rates for DoD contracts, including contracts that contain foreign military sales (FMS) requirements, are 80 percent for large business concerns and 90 percent for small business concerns.
Authorizing Statute
-
Functions and authority41 U.S.C. § 1303