DEV
This clause is modified by 2 active class deviations
- 2026-O0043 — DFARS RFO Implementation (Part 4)
- 2026-O0022 — DFARS RFO Implementation (Part 32)
252.232-7015 Performance-Based Payments—Representation. As 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]
RFO
Prescription superseded under the RFO
The prescription shown below is from the codified eCFR. Under the RFO, the prescribing section may have been revised, relocated or reserved. See the deviation memorandum for the current prescription authority.
View deviation: 2026-O0043 → · View deviation: 2026-O0022 →R-DFARS Prescription Source
This clause is prescribed in the R-DFARS by the following deviation:
-
2026-O0043
— DFARS RFO Implementation (Part 4)
(DFARS Part 204)
Add clause 252.232-7015
232.1005-70(b)
(b) Use the provision at 252.232-7015, Performance-Based Payments-Representation, in solicitations where the resulting contract may include performance-based payments.
Prescription data sourced from eCFR as of 2026-06-10 03:16 UTC.
Cross-references within the prescription are not resolved automatically.
Regulatory Stack
The layers of regulation that govern this clause, from the FAR prescription through agency-specific supplements and any active deviations.
R-DFARS
R-DFARS Prescription
Per Deviation 2026-O0043 (DFARS Part 204)
2026-O0043: DFARS RFO Implementation (Part 4) — DFARS Part 204
DFARS
DFARS Supplement (eCFR)
⚠ May be superseded by RFO
232.1005-70(b)
(b) Use the provision at 252.232-7015, Performance-Based Payments-Representation, in solicitations where the resulting contract may include performance-based payments.
Version History
Version history is sourced from the codified eCFR. Changes published only as class deviations or by the Revolutionary FAR Overhaul do not appear here until they are incorporated into the eCFR. For RFO-driven changes see the RFO Version tab and any active deviations cited above.
2 versions tracked from 2022-12-16 to 2022-12-30.
DEC 2022
December 30, 2022
CURRENT
Removed in this version
Added in this version
Unchanged
December 16, 2022 (previous)
December 30, 2022 (current)
1 added, 1 removed
(a)
(a) In accordance with 10 U.S.C. 2307(b)(4)(A), the Contractor's financial statements shall be in compliance with Generally Accepted Accounting Principles in order to receive performance-based payments.
(a)
(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.
DEC 2022
December 16, 2022
SUBSTANTIVE
Earliest version available from the eCFR
Active Class Deviations
Related Clauses
Referenced by
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