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 232.1005-70 (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)
Change History
| Detected | Type | Summary |
|---|---|---|
| detected 2026-04-17 | PGI_MODIFIED | PGI 252.232-7015 updated: 2 lines added, 2 lines removed |
View diff--- previous +++ current @@ -1,4 +1,4 @@ -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. +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) |
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