Common use of Payment and Proposal Requirements Clause in Contracts

Payment and Proposal Requirements. on T&M and L-H Orders For payments on T&M/L-H Orders, Contractors are subject to FAR 52.232-7 Payments Under Time-and-Materials and Labor-Hour Contracts. For proposal requirements on T&M/L-H Orders, the OCO must determine one of the following conditions and include the appropriate provision in each T&M and L-H Order solicitation: With Adequate Price Competition:

Payment and Proposal Requirements. on T&M and L-H Orders For payments on T&M/L-H Orders, Contractors are subject to FAR 52.232-7 Payments Under Time-and-Materials and Labor-Hour Contracts. For proposal requirements on T&M/L-H Orders, the OCO must determine one of the following conditions and include the appropriate provision clause in each T&M and L-H Order solicitation: With Adequate Price Competition: