[Federal Register Volume 79, Number 140 (Tuesday, July 22, 2014)]
[Notices]
[Page 42506]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-17061]


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DEPARTMENT OF DEFENSE

Defense Acquisition Regulations System


Providing Accelerated Payment to Small Business Subcontractors

AGENCY: Defense Acquisition Regulations System, Department of Defense 
(DoD).

ACTION: Notice.

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SUMMARY: In accordance with the Director, Defense Procurement and 
Acquisition Policy memorandum of July 14, 2014, DoD is re-instating the 
temporary practice of providing accelerated payments to all prime 
contractors.

DATES: Effective August 1, 2014 through December 31, 2016, unless 
otherwise rescinded or extended.

FOR FURTHER INFORMATION CONTACT: Mark Gomersall, phone 571-372-6099.

SUPPLEMENTARY INFORMATION: OMB Memorandum M-14-10, Extension of Policy 
to Provide Accelerated Payment to Small Business Subcontractors (July 
10, 2014) has extended the temporary policy previously initiated in OMB 
Memorandum M-12-16, Providing Prompt Payment to Small Business 
Subcontractors (July 11, 2012), which established the administration's 
initiative to accelerate Federal Payments to prime contractors, so that 
prime contractors can, in turn, expedite payments to their small 
business subcontractors. The memoranda are available at: http://www.whitehouse.gov/omb/memoranda_default
    This notice promulgates the Director, Defense Procurement and 
Acquisition Policy (DPAP) memorandum, Providing Accelerated Payment to 
Small Business Subcontracts (July 14, 2014), to implement the OMB 
Memorandum M-14-10 within DoD.
    DoD is re-instating the temporary practice of providing accelerated 
payments to all prime contractors, effective August 1, 2014. DoD 
contracting officers will continue to use the clause at FAR 52.232-40, 
Providing Accelerated Payments to Small Business Subcontractors, which 
requires contractors, upon receipt of accelerated payments from the 
Government, to make accelerated payments to small business 
subcontractors. The Director, DPAP memorandum is available at: http://www.acq.osd.mil/dpap/policy/policyvault/USA004292-14-DPAP.pdf.

Amy G. Williams
Deputy, Defense Acquisition Regulations System.
[FR Doc. 2014-17061 Filed 7-21-14; 8:45 am]
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