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Question
Good morning, I have a contract with progress payments and I may need to reduce the amount. What are the steps in reducing the progress payment?
Answer
Good question and good news; everything you need to know about suspending and reducing progress payments can be found at:

FAR 32.503-6 Suspension or reduction of payments, and

DFARS 232.503-6 Suspension or reduction of payments

Bold italics added for emphasis.

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