[Federal Register Volume 64, Number 119 (Tuesday, June 22, 1999)]
[Proposed Rules]
[Page 33239]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-15835]


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DEPARTMENT OF DEFENSE

48 CFR Parts 214 and 215

[DFARS Case 97-D011]


Defense Federal Acquisition Regulation Supplement; Distribution 
of Contract Financing Payments

AGENCY: Department of Defense (DoD).

ACTION: Proposed rule; withdrawal.

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SUMMARY: DoD is withdrawing a proposed rule published on November 26, 
1997 (62 FR 63047). The rule proposed amendments to the Defense Federal 
Acquisition Regulation Supplement (DFARS) to specify that, when a 
contract contains multiple accounting classification reference numbers 
and a clause for progress payments, the contracting officer must 
provide instructions to enable the payment office to distribute the 
progress payments in proportions that reasonably reflect the 
performance of work under the contract. After review of public 
comments, and in consultation with the Office of the Under Secretary of 
Defense (Comptroller), the Director of Defense Procurement issued a 
policy memorandum, dated August 12, 1998, which is available via the 
Internet at http://www.acq.osd.mil/dp/. The memorandum requires 
contracting officers to provide progress payment distribution 
instructions for any fixed-price contract, other than firm-fixed-price, 
that is funded with multiple appropriations. Consequently, DoD has 
determined that the proposed DFARS revisions are unnecessary.

FOR FURTHER INFORMATION CONTACT: Defense Acquisition Regulations 
Council, Attn: Ms. Sandra G. Haberlin, PDUSD (A&T) DP (DAR), IMD 3D139, 
3062 Defense Pentagon, Washington, DC 20301-3062; telephone (703) 602-
0131; telefax (703) 602-0350.
Michele P. Peterson,
Executive Editor, Defense Acquisition Regulations Council.
[FR Doc. 99-15835 Filed 6-21-99; 8:45 am]
BILLING CODE 5000-04-M