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part52.dev Federal Acquisition Clause Monitor
This PGI section supplements: DFARS 252.232-7004 · FAR 52.232-7004
The corresponding FAR Part 52 and DFARS Part 252 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 52

Current Content

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 liquidation rate (excepting paragraph (k), Limitations on Undefinitized Contract Actions) to 90 percent.

(End of clause)

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