48 CFR § 252.232-7015
Performance-Based Payments—Representation
November 17, 2020
As prescribed in 232.1005-70(b), use the following provision:
Performance-Based Payments—Representation (APR 2020)
(a) In accordance with 10 U.S.C. 2307(b)(4)(A), the Contractor's financial statements shall be in compliance with Generally Accepted Accounting Principles in order to receive performance-based payments.
(b) The Offeror represents that its financial statements are [] are not [] in compliance with Generally Accepted Accounting Principles.
(End of provision)
[85 FR 19691, Apr. 8, 2020]