48 C.F.R. §§ 252.232-7015

Current through November 30, 2024

Section 252.232-7015 - Performance-Based Payments-Representation

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)

48 C.F.R. §§252.232-7015

85 FR 19691 , Apr. 8, 2020, as amended at 87 FR 76998 , Dec. 16, 2022

85 FR 19691 , 4/8/2020; as amended at 87 FR 76998 , 12/16/2022