Common use of Prompt Payment Clause in Contracts

Prompt Payment. In accordance with FAR clause 52.232-27, the period for payments is as follows: (a) Progress Payments: 14 days (b) Subsequent Subcontractor Payments: 7 days

Appears in 36 contracts

Sources: Design Build Contract, Gsa Contract, Construction Contract

Prompt Payment. In accordance with FAR clause 52.232-27, the period for payments is as follows: (a) Progress Payments: 14 21 days (b) Subsequent Subcontractor Payments: 7 days

Appears in 1 contract

Sources: Design Build Contract