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Barry McVay's FEDERAL CONTRACTS DISPATCH

DATE: June 27, 2000

FROM: Barry McVay, CPCM

SUBJECT: Defense Federal Acquisition Regulation Supplement (DFARS); Progress Payments for Foreign Military Sales Contracts

SOURCE: Federal Register, June 27, 2000, Vol. 65, No. 124, page 39722

AGENCIES: Department of Defense (DOD)

ACTION: Final Rule

SYNOPSIS: DOD is amending DFARS Subpart 232.5, Progress Payments Based on Costs, to clarify that progress payments on contracts containing foreign military sales (FMS) requirements are applied in the same manner as progress payments on contracts containing DOD requirements.

EFFECTIVE DATE: June 27, 2000.

FOR FURTHER INFORMATION CONTACT: Ms. Sandra Haberlin, Defense Acquisition Regulations Council, OUSD (AT&L) DP (DAR), IMD 3D139, 3062 Defense Pentagon, Washington, DC 20301-3062; 703-602-0289; fax: 703-602-0350. Cite DFARS Case 2000-D009.

SUPPLEMENTAL INFORMATION: To clarify that contracts with FMS requirements receive the same progress payment rates as contracts with DOD requirements, the following changes are being made:

FOR FURTHER INFORMATION CONTACT: Barry McVay at 703-451-5953 or by e-mail to BarryMcVay@FedGovContracts.com.

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