10 U.S.C. § 3801 — Authority of agency
submitted 5 years ago by Pub. L. 116-283 to r/title-10-ARMED-FORCES · 212 words · no verdicts yet
Agency heads may make advance, partial, progress, or other contract payments and may reserve advance or progress payments for small businesses. The Secretary of Defense must pursue 15-day payment goals for qualifying small-business contractors and subcontractors.
(a) Payment Authority .— The head of any agency may— (1) make advance, partial, progress, or other payments under contracts for property or services made by the agency; and (2) insert in solicitations for procurement of property or services a provision limiting to small business concerns advance or progress payments. (b) Payment Dates for Contractors That Are Small Business Concerns.— (1) Prime contractors .— For a prime contractor (as defined in section 8701 of title 41 ) that is a small business concern (as defined in section 3 of the Small Business Act ( 15 U.S.C. 632 )), the Secretary of Defense shall, to the fullest extent permitted by law, establish an accelerated payment date with a goal of 15 days after receipt of a proper invoice for the amount due. (2) Subcontractors .— For a prime contractor that subcontracts with a small business concern, the Secretary of Defense shall, to the fullest extent permitted by law, establish an accelerated payment date with a goal of 15 days after receipt of a proper invoice for the amount due if the prime contractor agrees to make payments to the subcontractor under the accelerated payment date, to the maximum extent practicable, without any further consideration from or fees charged to the subcontractor.
The head of any agency may—
make advance, partial, progress, or other payments under contracts for property or services made by the agency; and
insert in solicitations for procurement of property or services a provision limiting to small business concerns advance or progress payments.
For a prime contractor (as defined in section 8701 of title 41) that is a small business concern (as defined in section 3 of the Small Business Act (15 U.S.C. 632)), the Secretary of Defense shall, to the fullest extent permitted by law, establish an accelerated payment date with a goal of 15 days after receipt of a proper invoice for the amount due.
For a prime contractor that subcontracts with a small business concern, the Secretary of Defense shall, to the fullest extent permitted by law, establish an accelerated payment date with a goal of 15 days after receipt of a proper invoice for the amount due if the prime contractor agrees to make payments to the subcontractor in accordance with the accelerated payment date, to the maximum extent practicable, without any further consideration from or fees charged to the subcontractor.
Source credit: (Added and amended Pub. L. 116–283, div. A, title XVIII, § 1834(a), (b), Jan. 1, 2021, 134 Stat. 4234.)
- 2021Enacted · Pub. L. 116-283 · 134 Stat. 4234
A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-283 on 2021-01-01.
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