Common use of ASSIGNMENT OF CONTRACT PAYMENTS Clause in Contracts

ASSIGNMENT OF CONTRACT PAYMENTS. In accordance with 27 DCMR 3250, the Contractor may assign to a bank, trust company, or other financing institution funds due or to become due as a result of the performance of this contract.

Appears in 3 contracts

Sources: Contract for Goods and/or Services, Contract for Goods and/or Services, Idiq Contract

ASSIGNMENT OF CONTRACT PAYMENTS. In accordance with 27 DCMR 3250, the Contractor may assign to a bank, trust company, or other financing institution funds due or to become due as a result of the performance of this contract.of

Appears in 1 contract

Sources: Indefinite Delivery – Indefinite Quantity (Idiq) Contract