CIO SP3SB – Prompt Payment Terms
Blue Canopy Group Contract#: HHSN316201200120W
The following FAR clauses are incorporated into the aforementioned CIO SP3 SB Prime Contract.
|52.232-25||Feb 2002||Prompt Payment, Alternate I (Feb 2002)|
|52.232-8||Feb 2002||Discounts for Prompt Payment|
Blue Canopy does not offer discounts for prompt payment for services rendered and provisioned under this contract (see below).
|Discount for Prompt Payment|
|10 Calendar Days (%)||20 Calendar Days (%)||30 Calendar Days (%)||Other Calendar Days (%)|
Pursuant to FAR 52.232 Prompt Payment -- The Government shall pay the Contractor, upon the submission of proper invoices or vouchers, the prices stipulated in this contract for supplies delivered and accepted or services rendered and accepted, less any deductions provided in this contract.
Unless otherwise specified in this contract, payment shall be made on partial deliveries accepted by the Government if—
(a) The amount due on the deliveries warrants it; or
(b) The Contractor requests it and the amount due on the deliveries is at least $1,000 or 50 percent of the total contract price.