Clause
52.232-29 Terms for Financing of Purchases of Commercial Products and Commercial Services.
(a) Contractor entitlement to financing payments. The Contractor may request, and the Government shall pay, a contract financing payment as specified elsewhere in this contract when: the payment requested is properly due in accordance with this contract; the supplies deliverable or services due under the contract will be delivered or performed in accordance with the contract; and there has been no impairment or diminution of the Government's security under this contract.
- Type: Clause (C)
- Prescribed in: 32.206(b)(2)
- Effective: Nov 2021
- Primary source: eCFR 48 CFR 52.232-29 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.