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                            32.1003 Criteria for use.
        
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FAC Number: 2024-03 Effective Date: 02/23/2024
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Subpart32.032.132.232.332.432.532.632.732.832.932.1032.11
Section32.100032.100132.100232.100332.100432.100532.100632.100732.100832.100932.1010
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32.1003 Criteria for use.32.1003 Criteria for use.       The contracting officer may use performance-based payments for individual orders and contracts provided-                                       (a) 						            The contracting officer and offeror agree on the performance-based payment terms;                                          (b) 						            The contract, individual order, or line item is a fixed-price type;                                          (c) 						            For indefinite delivery contracts, the individual order does not provide for progress payments; and                                          (d) 						            For other than indefinite delivery contracts, the contract does not provide for progress payments.    **Parent topic:**  Subpart 32.10 - Performance-Based Payments
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