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PGI 232.501-1: Customary progress payment rates.

PGI › Part 232 › PGI 232.501-1

This PGI section supplements: DFARS 232.501-1 · FAR 32.501-1
The corresponding FAR Part 32 and DFARS Part 232 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 32

Current Content

(a) The customary progress payment rates for DoD contracts, including contracts that contain foreign military sales (FMS) requirements, are 80 percent for large business concerns and 90 percent for small business concerns.

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