FAR 32.1003 — Criteria for use
Regulatory text. Not legal advice.
The contracting officer may use performance-based payments for individual orders and contracts provided—
(a)
(a) The contracting officer and offeror agree on the performance-based payment terms;
(b)
(b) The contract, individual order, or line item is a fixed-price type;
(c)
(c) For indefinite delivery contracts, the individual order does not provide for progress payments; and
(d)
(d) For other than indefinite delivery contracts, the contract does not provide for progress payments.
Citation history: [72 FR 73220, Dec. 26, 2007]
Source: eCFR • Pulled 2026-04-16