Regulations last checked for updates: May 18, 2024

Title 48 - Federal Acquisition Regulations System last revised: May 14, 2024
232.501-1 - 232.501-1 Customary progress payment rates.

(a) The customary progress payment rates for DoD contracts, including contracts that contain foreign military sales (FMS) requirements, are 80 percent for large business concerns and 90 percent for small business concerns.

[79 FR 61582, Oct. 14, 2014]
authority: 41 U.S.C. 1303 and 48 CFR chapter 1
source: 56 FR 36409, July 31, 1991, unless otherwise noted.
cite as: 48 CFR 232.501-1