Provides the fast-payment procedure clause for eligible purchases when the contracting officer elects to use it.
Applicability: Inserted when the conditions in FAR 13.402 apply and the fast-payment procedure is intended for the contract or order.
Key Requirements
Follow the solicitation's quotation, invoice, and payment instructions
Confirm that the acquisition meets the fast-payment conditions before relying on this clause
Coordinate delivery acceptance and invoice documentation with the contracting officer
Apply related payment procedures only when the solicitation requires them
Common Issues & Pitfalls
Treating this clause as a general simplified-acquisition or proposal-format rule
Submitting an invoice without the required evidence of delivery or acceptance
Using fast-payment terms when the prescribed conditions are not met
Ignoring solicitation-specific payment and submission instructions
Contractor Guidance for Your Bid
This clause is about payment procedure, not a universal simplified-acquisition threshold or evaluation method. Read FAR 13.402 and the solicitation together, and confirm acceptance and invoice evidence before relying on fast payment.
Related FAR Clauses
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