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DFARS PGI 242_70



(Revised January 23, 2014)

PGI 242.70— CONTRACTOR BUSINESS SYSTEMS

PGI 242.7000 Contractor business system deficiencies.

Payment Withholding

without applying any withhold percentage. The Contracting Officer will reduce the approved amount by five percent (or a lesser percentage if five percent will exceed the withhold limitations in DFARS 252.242-7005) and record the amount being withheld on the progress payment request, as well the cumulative amount withheld on this contract in accordance with DFARS clause 252.242-7005, in the Comments block of the Miscellaneous Info Tab in WAWF.

request in WAWF without applying any withhold percentage to the performance based payment event schedule amounts. The Contracting Officer will reduce the amount approved by five percent (or a lesser percentage if five percent will exceed the withhold limitations in DFARS 252.242-7005) and record the amount being withheld on the performance based payment as well as the cumulative amount withheld on this contract in accordance with the DFARS clause 252.242-7005 in the Comments block of the of the Miscellaneous Info Tab in WAWF.

Reduction of Temporary Payment Withholding

Discontinuation of Payment Withholding Pending Verification

Discontinuation of Payment Withholding

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