Clause

52.232-27 Prompt Payment for Construction Contracts.

Notwithstanding any other payment terms in this contract, the Government will make invoice payments under the terms and conditions specified in this clause. The Government considers payment as being made on the day a check is dated or the date of an electronic funds transfer. Definitions of pertinent terms are set forth in sections 2.101, 32.001, and 32.902 of the Federal Acquisition Regulation. All days referred to in this clause are calendar days, unless otherwise specified. (However, see paragraph (a)(3) concerning payments due on Saturdays, Sundays, and legal holidays.)

Type: Clause (C)
Prescribed in: 32.908(b)
Effective: Jan 2017
Primary source: eCFR 48 CFR 52.232-27 · acquisition.gov

Text excerpt from the eCFR API; read the full clause at the eCFR link above.

Applicability in the matrix

Contract types for 52.232-27 as published in the Smart Matrix
IBR	Yes Incorporated by reference
UCF	I
FP CON	R Required
CR CON	R Required

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