0750-0001 Collection Instrument

Defense Federal Acquisition Regulation Supplement (DFARS) provision, Performance-Based Payments--Representation

0750-0001 Collection Instrument

OMB: 0750-0001

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Collection Instrument

OMB Control Number 0750-0001




PART 252—SOLICITATION PROVISIONS AND CONTRACT CLAUSES


* * * * *


252.232-7015 Performance-Based Payments—Representation.

As prescribed in 232.1005-70(b), use the following provision:


Performance-Based Payments—Representation (APR 2020)


(a) In accordance with 10 U.S.C. 2307(b)(4)(A), 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)


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