GroundRules
48 CFR 252.232-7000: 252.232-7000 Advance payment pool.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE
- SUBCHAPTER H—CLAUSES AND FORMS
- PART 252—SOLICITATION PROVISIONS AND CONTRACT CLAUSES
- Subpart 252.2—Text of Provisions and Clauses
As prescribed in 232.412-70(a), use the following clause:
Advance Payment Pool (APR 2020)
(a) Notwithstanding any other provision of this contract, advance payments will be made for contract performance in accordance with the Determinations, Findings, and Authorization for Advance payment dated ______________.
(b) Payments made in accordance with this clause shall be governed by the terms and conditions of the Advance Payment Pool Agreement between the United States of America and [insert the name of the Contractor]”. The Agreement is incorporated in the contract by reference.
(c) When a letter of credit has not been issued to the Contractor in conjunction with the contract, payment will be by a dual payee Treasury check made payable to the Contractor or the disbursing office in the Advance Payment Pool Agreement and will be forwarded to that disbursing office for appropriate disposition.
(End of clause)
Collected 2026-08-27T02:26:29Z. Source file · JSON