Official text of 1552.232-74
As prescribed in 1532.003, insert the following clause in solicitations and orders that will provide simplified acquisition procedures financing.
Payments—Simplified Acquisition Procedures Financing (JUN 2006)
Simplified acquisition procedures financing in the form of ______ [contracting officer insert advance (prior to performance) and/or interim (according to payment schedule] payment(s)) will be provided under this commercial item order in accordance with the payment schedule below. If both advance and interim payments are to be made, the payment schedule shown below will specify the type of payment provided for each line item.
The Government shall pay the contractor as follows upon the submission of invoices or vouchers approved by the Contracting Officer's Representative: ________________________ [insert payment schedule].
Where it's prescribed
As prescribed in 1532.003, insert the following clause in solicitations and orders that will provide simplified acquisition procedures financing.
Verifying this text
The text above is reproduced verbatim from GSA's published source files for the Environmental Protection Agency supplement. The controlling version is the one in the Code of Federal Regulations: 1552.232-74 on eCFR.