Clause
52.232-8 Discounts for Prompt Payment.
(a) Discounts for prompt payment will not be considered in the evaluation of offers. However, any offered discount will form a part of the award, and will be taken if payment is made within the discount period indicated in the offer by the offeror. As an alternative to offering a discount for prompt payment in conjunction with the offer, offerors awarded contracts may include discounts for prompt payment on individual invoices.
- Type: Clause (C)
- Prescribed in: 32.111(b)(1)
- Effective: Feb 2002
- Primary source: eCFR 48 CFR 52.232-8 · acquisition.gov
Text excerpt from the eCFR API; read the full clause at the eCFR link above.