Clause
52.232-16_Alternate III Progress Payments.
The Government will make progress payments to the Contractor when requested as work progresses, but not more frequently than monthly, in amounts of $2,500 or more approved by the Contracting Officer, under the following conditions:
Text excerpt from the eCFR API; read the full clause at the eCFR link above.
This is Alternate III of clause 52.232-16; the Alternate text sits inside the same eCFR section as the base clause.
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