FAR 52.232-31 - Invitation to Propose Financing Terms
Prescribed in 32.205(b) 32.206 | |
Effective Date: | 1 May 2014 |
Clause or Provision: | Provision |
Provision or Clause Number: | 52.232-31 - Invitation to Propose Financing Terms |
Principle Type And/Or Purpose of Contract: | |
Required: | |
Applicable: | Fixed Price Service; Fixed Price Supply; |
Optional: | Cost Reimbursement Service; Fixed Price Construction; Cost Reimbursement Construction; Time and Materials/Labor Hour; Leasing of Motor Vehicles; Dismantling, Demolition, or Removal of Improvements; Facilities; Indefinite Delivery; Simplified Acquisition Procedures; Utility Services; |
Subject: | |
ProcurementType: | |
Contract Threshold: | |
Prescription Overview: | |
Clause Overview: |
(a) The offeror is invited to propose terms under which the Government shall make contract financing payments during contract performance. The financing terms proposed by the offeror shall be a factor in the evaluation of the offeror’s proposal. The financing terms of the successful offeror and the clause, Terms for Financing of Purchases of Commercial Items, at 52.232-29, shall be incorporated in any resulting contract.
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Important Notes/Requirements: | |
Subcontract Threshold: | |
Incorporated by Reference: | No |
Uniform Contract Format: | L |
Editor: | Marshall |
Personal notes.