As prescribed in 42.1504, insert the following clause:
PAYMENTS TO SMALL BUSINESS SUBCONTRACTORS (JAN 2017)
Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.
Untimely payment means a payment that is more than 90 days past due under the terms and conditions of a subcontract, for supplies and services for which the Government has paid the prime contractor.
(End of clause)
48 C.F.R. §52.242-5