As prescribed in 32.412(a), insert the following clause:
ADVANCE PAYMENTS (MAY 2001)
List the pertinent obligations
(End of clause)
Alternate I (APR 1984). If the agency desires to waive the countersignature requirement because of the Contractor's financial strength, good performance record, and favorable experience concerning cost disallowances, add the following sentence, if appropriate, to paragraph (b) of the basic clause:
However, for this contract, countersignature on behalf of the Government will not be required unless it is determined necessary by the administering office.
Alternate II (MAY 2001). If used in a cost-reimbursement contract, substitute the following paragraphs (c) and (e), and subparagraphs (f)(1) and (f)(2) for paragraphs (c) and (e) and subparagraphs (f) (1) and (2) of the basic clause:
Alternate III (APR 1984). If the agency considers a more rapid liquidation appropriate, add the following sentence as the first sentence of paragraph (e) of the basic clause with the appropriate percentage specified:
To liquidate the principal amount of any advance payment made to the Contractor, there shall be deductions of _ percent from all payments made by the Government under the contracts involved.
Alternate IV (APR 1984). If the agency provides advance payments under the contract at no interest to the prime contractor, add the following sentences as the beginning sentences of paragraph (f) of the clause:
No interest shall be charged to the prime Contractor for advance payments except for interest charged during a period of default. The terms of this paragraph concerning interest charges for advance payments shall not apply to the prime Contractor.
Alternate V (MAY 2001). If the requirement for a special account is eliminated in accordance with 32.409-3 (e) or (g), insert the clause set forth below instead of the basic clause.
If this Alternate is used in combination with Alternate II, disregard the instructions concerning paragraph (c), Use of funds, in Alternate II; substitute paragraph (e), Maximum payment, in Alternate II for paragraph (d) below; and substitute paragraph (f), Interest, in Alternate II for paragraph (e) below and change the reference to paragraph (f)(3) in the first sentence of paragraph (f) of Alternate II to (e)(3).
If this Alternate is used in combination with Alternate III, insert the additional sentence set forth in Alternate III as the first sentence of paragraph (d) of this Alternate.
If this Alternate is used in combination with Alternate IV, insert the additional sentences set forth in Alternate IV as the beginning sentences of paragraph (e) of this Alternate.
ADVANCE PAYMENTS WITHOUT SPECIAL ACCOUNT (MAY 2001)
[List the pertinent obligations]
48 C.F.R. §52.232-12