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Current as of January 02, 2025 | Updated by Findlaw Staff
As prescribed in 970.3200–1–1, insert the following clause:
Reduction or Suspension of Advance, Partial, or Progress Payments (DEC 2000)
(a) The Contracting Officer may reduce or suspend further advance, partial, or progress payments to the Contractor upon a written determination by the Senior Procurement Executive that substantial evidence exists that the Contractor's request for advance, partial, or progress payment is based on fraud.
(b) The Contractor shall be afforded a reasonable opportunity to respond in writing.
(End of clause)
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.970.5232-1 Reduction or suspension of advance, partial, or progress payments upon finding of substantial evidence of fraud - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-970-5232-1/
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