LATEST NEWSGuidance that temporarily waived some cash management requirements of the Prompt Payment Act in an effort to pay Department of Defense (DoD) prime contractors within 15 days has been changed. This change means that DoD prime contractors and vendors will no longer receive accelerated payments in advance of the payment terms on their contracts. DoD Small Businesses are not affected by the change. More about the change in accelerated payments.
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Page updated May 14, 2013