Current through September 30, 2024
Section 252.232-7015 - Performance-Based Payments-RepresentationAs 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)
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