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FAR

FAR

FAC Number: 2025-01
Effective Date: 11/12/2024

32.901 Applicability.

32.901 Applicability.

(a) This subpart applies to invoice payments on all contracts, except contracts with payment terms and late payment penalties established by other governmental authority (e.g., tariffs).

(b) This subpart does not apply to contract financing payments (see definition at 32.001).

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