§232.903. Responsibilities.
48 C.F.R. § 232.903
In accordance with 10 U.S.C. 3801(b), DoD shall assist small business concerns by providing payment as quickly as possible, to the fullest extent permitted by law, with a goal of 15 days after receipt of proper invoices and all required documentation, including acceptance, and before normal payment due dates established in the contract (see 232.906(a)).
Notes, amendments, and revision history
Amendments
[85 FR 19697, Apr. 8, 2020, as amended at 87 FR 76995, Dec. 16, 2022]
Authority
Authority: 41 U.S.C. 1303 and 48 CFR chapter 1.
Source
Source: 56 FR 36409, July 31, 1991, unless otherwise noted.
Amendments
[85 FR 19697, Apr. 8, 2020, as amended at 87 FR 76995, Dec. 16, 2022]