Applicability of Fast Pay to services under SAP
Started by Retired 1102 · Sep 24, 2019 · 3 replies
- ROriginal post
Retired 1102
Sep 24, 2019 · 6y ago
The rescinded OMB A-125 circular referenced services regarding "fast pay procedures". The FAR specifically referenced supplies in the subpart as well as the clause. Is there specific regulatory language that exist that allows for fast pay procedures to be used for services under the SAP?
- J
Jacques
Sep 24, 2019 · 6y ago
I couldn't find any regulations, but Pub. L. 100-496, Prompt Payment Act Amendments of 1988, sec. 11(b)(1)(C), seemed to invite or permit the FAR Council to have the provisions and clauses implementing fast payment procedures apply to services.
- R
Retreadfed
Sep 24, 2019 · 6y ago
Have you looked at the procedures for accelerated payments to small business concerns?
- J
Jacques
Sep 25, 2019 · 6y ago
If you're still researching this issue, you might want to take a look at the Red Book, at 5-60 (para C2c). While it isn't a regulation, the statutes and appropriations law decisions referenced might help you find what you seek.