Reference

More Resources

 
FARS

Section 14.408-3: Prompt Payment Discounts.

(a) Prompt payment discounts shall not be considered in the evaluation of bids. However, any discount offered will form a part of the award, and will be taken by the payment center if payment is made within the discount period specified by the bidder. As an alternative to indicating a discount in conjunction with the offer, bidders may prefer to offer discounts on individual invoices.

(b) See 32.111(b)(1), which prescribes the contract clause at 52.232-8, Discounts for Prompt Payment.




Warning: require(/home/simplyauto/www/includes/site_footer.php): failed to open stream: Permission denied in /home/simplyauto/www/regs/fars/section.php on line 347

Fatal error: require(): Failed opening required '../../includes/site_footer.php' (include_path='.:/usr/local/lib/php') in /home/simplyauto/www/regs/fars/section.php on line 347