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Started: 4/8/2020 10:53 AM
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ERIC NEMOSECK
Progress Payment Rates Increased for Contractors

Effective immediately, in response to the Coronavirus Disease 2019 (COVID-19) national emergency, the progress payment rates at Defense Federal Acquisition Regulation Supplement (DFARS) 232.501-1 are increased from 80% of incurred costs to 90 percent for large business concerns and 95 percent for small business concerns.  The class deviation remains in effect until rescinded. 

https://www.acq.osd.mil/dpap/policy/policyvault/USA000642-20-DPC.pdf

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  • ERIC NEMOSECK
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ERIC NEMOSECK

Effective immediately, in response to the Coronavirus Disease 2019 (COVID-19) national emergency, the progress payment rates at Defense Federal Acquisition Regulation Supplement (DFARS) 232.501-1 are increased from 80% of incurred costs to 90 percent for large business concerns and 95 percent for small business concerns.  The class deviation remains in effect until rescinded. 

https://www.acq.osd.mil/dpap/policy/policyvault/USA000642-20-DPC.pdf

04/8/2020 10:53 AM4/8/2020 10:53 AMNoGeneral
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