252.232-7004 DoD Progress Payment Rates.
Prescription and Applicability
DFARS Prescription, 232.502-4-70(b)
(b) Use the clause at 252.232-7004 , DoD Progress Payment Rates, instead of Alternate I of the clause at FAR 52.232-16, if the contractor is a small business concern.
Current Text
252.232-7004 DoD Progress Payment Rates.
As prescribed in 232.502-4-70(b), use the following clause:
DoD Progress Payment Rates (OCT 2014)
If the Contractor is a small business concern, the Progress Payments clause of this contract is modified to change each mention of the progress payment rate and liquidations rate (excepting paragraph (k), Limitations on Undefinitized Contract Actions) to 90 percent.
(End of clause)
[79 FR 61582, Oct. 14, 2014]
Active Class Deviations Affecting This Clause
Class Deviation 2020-O0010, Class Deviation 2020-O0010 – Revision 2 - Progress Payment Rates
- Status: Active
- Date Issued: 2023-07-07
- Change type: REMOVED
- Action: Remove clause 252.232-7004
Class Deviation 2026-O0022, DFARS RFO Implementation (Part 32)
- Status: Active
- Date Issued: 2026-02-01
- Change type: MODIFIED
- Action: Modified by RFO class deviation
Suggested Questions
You can ask your AI assistant:
- Should I include this provision in my solicitation?
- Does this clause apply to commercial acquisitions?
- Does this clause apply to R&D contracts under Part 35?
- Which alternate should I use for a multiple-award contract?
- Are there any active Class Deviations that modify this clause?
- What changed in the most recent amendment?