GroundRules
48 CFR 252.232-7015: 252.232-7015 Performance-Based Payments—Representation.
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 232.1005-70(b), use the following provision:
Performance-Based Payments—Representation (DEC 2022)
(a) In accordance with 10 U.S.C. 3802(c), the Contractor's financial statements shall be in compliance with Generally Accepted Accounting Principles in order to receive performance-based payments.
(b) The Offeror represents that its financial statements are [ ] are not [ ] in compliance with Generally Accepted Accounting Principles.
(End of provision)
Collected 2026-08-27T02:26:29Z. Source file · JSON