FAR 52.232-14 Notice of Availability of Progress Payments Exclusively for Small Business Concerns. Basic (Apr 1984) (Current)

As prescribed in 32.502-3(b)(2), the contracting officer shall insert the provision at 52.232-14, Notice of Availability of Progress Payments Exclusively for Small Business Concerns, in invitations for bids if it is anticipated that—

    (i) Both small business concerns and others may submit bids in response to the same invitation; and

    (ii) Only the small business bidders would need progress payments.

Notice of Availability of Progress Payments Exclusively for Small Business Concerns (Apr 1984)

The Progress Payments clause will be available only to small business concerns. Any bid conditioned upon inclusion of a progress payment clause in the resulting contract will be rejected as nonresponsive if the bidder is not a small business concern.

(End of provision)

NONE

Large business ✖ Contracts ✖ Use in invitations for bids if it is anticipated that (a) both small business concerns and others may submit bids in response to the same invitation and (b) only the small business bidders would need progress payments.

Working with a set of FAR clauses from an RFP or contract?

Try pasting them into our tool to instantly generate a risk profile, including the basic flow down recommendation.

Info

Works best with Chrome and Edge browsers!