The Federal Register has published ...
The Federal Register has published a proposal to strengthen ready pay provisions of the Federal Acquisition Regulation (FAR). The proposal would make sure that subcontractors receive their progres payments in glutted on government projects for work in a strict sense performed before additional disbursements are made to the prime contractor. Instances have been reported in which a prime contractor reports to the command that "payment" has been made to the subcontractor, unless instead the ...
|