Difference between revisions of "DFARS 252.232-7000 Advance Payment Pool."
(Created page with "{{ContractClause |EffectiveDate=1991/12/01 |ClauseorProvision=Clause |Prescribedin=232.412-70(a) |CCSubject=Invoices and Payments |PrescriptionOverview===Prescription== |FARCl...") |
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|CCSubject=Invoices and Payments | |CCSubject=Invoices and Payments | ||
|PrescriptionOverview===Prescription== | |PrescriptionOverview===Prescription== | ||
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| + | '''(a)''' Use the clause at 252.232-7000, Advance Payment Pool, in any contract that will be subject to the terms of an advance payment pool agreement with a nonprofit organization or educational institution. Normally, use the clause in all cost reimbursement type contracts with the organization or institution. | ||
|FARClauseOverview===Clause== | |FARClauseOverview===Clause== | ||
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'''(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. | '''(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. | ||
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|ImportantNotesRequirements=[[Category:DFARS 252 - Solicitation Provisions and Contract Clauses]] | |ImportantNotesRequirements=[[Category:DFARS 252 - Solicitation Provisions and Contract Clauses]] | ||
|IncorporatedbyReference=Yes | |IncorporatedbyReference=Yes | ||
|Editor=Marshall | |Editor=Marshall | ||
}} | }} | ||
Latest revision as of 09:59, 1 June 2015
Prescribed in 232.412-70(a) | ||
| Effective Date: | 1 December 1991 | |
| Clause or Provision: | Clause | |
| Provision or Clause Number: | S 252.232-7000 Advance Payment Pool. | |
| Principle Type And/Or Purpose of Contract: | ||
| Required: | ||
| Applicable: | ||
| Optional: | ||
| Subject: | Invoices and Payments | |
| ProcurementType: | ||
| Contract Threshold: | ||
| Prescription Overview: |
Prescription(a) Use the clause at 252.232-7000, Advance Payment Pool, in any contract that will be subject to the terms of an advance payment pool agreement with a nonprofit organization or educational institution. Normally, use the clause in all cost reimbursement type contracts with the organization or institution. | |
| Clause Overview: |
ClauseADVANCE PAYMENT POOL (DEC 1991)(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 __________________________.
| |
| Important Notes/Requirements: | ||
| Subcontract Threshold: | ||
| Incorporated by Reference: | Yes | |
| Uniform Contract Format: | ||
| Editor: | Marshall | |
Personal notes.
