[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR13.401]



[Page 222]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 13_SIMPLIFIED ACQUISITION PROCEDURES--Table of Contents

 

                   Subpart 13.4_Fast Payment Procedure

 

Sec. 13.401  General.





    (a) The fast payment procedure allows payment under limited 

conditions to a contractor prior to the Government's verification that 

supplies have been received and accepted. The procedure provides for 

payment for supplies based on the contractor's submission of an invoice 

that constitutes a certification that the contractor--

    (1) Has delivered the supplies to a post office, common carrier, or 

point of first receipt by the Government; and

    (2) Shall replace, repair, or correct supplies not received at 

destination, damaged in transit, or not conforming to purchase 

agreements.

    (b) The contracting officer shall be primarily responsible for 

collecting debts resulting from failure of contractors to properly 

replace, repair, or correct supplies lost, damaged, or not conforming to 

purchase requirements (see 32.605(b) and 32.606).