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DOD/DARC | RIN: 0750-AK37 | Publication ID: Fall 2018 |
Title: ●Performance-Based Payments (DFARS Case 2019-D002) | |
Abstract:
DoD is proposing to amend the DFARS to implement section 831 of the National Defense Authorization Act for Fiscal Year 2017 to require the following: - Performance-based payments shall not be conditioned upon costs incurred in contract performance but on the achievement of performance outcomes. - Nontraditional defense contractors and other private sector companies shall be eligible for performance-based payments, consistent with best commercial practices. - In order to receive performance-based payments, a contractor's accounting system shall be in compliance with Generally Accepted Accounting Principles, and there shall be no requirement for a contractor to develop Government-unique accounting systems or practices as a prerequisite for agreeing to receive performance-based payments. |
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Agency: Department of Defense(DOD) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Other | |
CFR Citation: 48 CFR 232 | |
Legal Authority: 41 U.S.C. 1303 Pub. L. 114-328, sec. 831 |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: Federal |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Jennifer Hawes Department of Defense Defense Acquisition Regulations Council 3060 Defense Pentagon, Room 3B941, Washington, DC 20301-3060 Phone:571 372-6115 Email: jennifer.l.hawes2.civ@mail.mil |