532.904 Determining payment due dates.
Payment due dates for construction contracts are addressed at FAR 32.904(d). The following procedures apply to construction and building service contracts:
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(a) The amount of final payment must include, as appropriate, deductions to cover any of the following:
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(1) Liquidated damages for late completion.
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(2) Liquidated damages for labor violations.
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(3) Amounts withheld for improper payment of labor wages.
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(4) The amount of unilateral change orders covering defects and omissions.
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(5) The agreed-upon dollar amount in a Deficiency Report, which is included in all applicable Operation and Maintenance (O&M) service contracts.
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(b) When the contract is for the performance of building services, the contracting officer shall include the clause at 552.232-72, Final Payment Under Building Services Contracts.