252.232-7018

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As prescribed in(c), use the following clause: 232.502-4-70 PROGRESS PAYMENTS-MULTIPLE LOTS (MAY 2023) (a). As used in this clause— Definitions “Lot” means one or more fixed-price deliverable line items or deliverable subline items representing a single, severable group where the sum of the costs for each group is segregated and a single progress payment rate is used. “Multiple lots” means more than one lot on a single contract where progress payment proration is performed on a lot-wide, versus contract-wide, basis. (b) When submitting progress payment requests under the billing instructions in Federal Acquisition Regulation (FAR) clause 52.232-16, Progress Payments, or Defense Federal Acquisition Regulation Supplement (DFARS) clause, Progress Payments for Foreign Military Sales Acquisitions, of this contract, the Contractor shall— 252.232-7002 (1) Submit separate progress payment requests for each lot identified in the contract; (2) Identify the contract price for the lot as the sum of all fixed-priced line items identified to the lot, in accordance with FAR; 32.501-3 (3) Identify the lot on each progress payment request to which the request applies; (4) Calculate each request on the basis of the price, costs (including the cost to complete), subcontractor financing, and progress payment liquidations of the lot to which it applies; and (5) Distribute costs among lots in a manner acceptable to the Administrative Contracting Officer. (c) Submit a separate progress payment request for U.S. and FMS requirements in accordance with the DFARS clause, Progress Payments for Foreign Military Sales Acquisitions, of this contract. 252.232-7002 (End of clause)