DFARS 252.232-7015 - 252.232-7015 Performance-Based Payments—Representation.

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CURRENT

Last Checked	2026-03-11 20:11 UTC
Authoritative Source	https://www.ecfr.gov/current/title-48/section-252.232-7015

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252.232-7015 Performance-Based PaymentsâRepresentation.

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

Performance-Based PaymentsâRepresentation (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]