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Congressionally Established DoD Progress Payment Pilot Program On Hold

Frank Wolfe Frank Wolfe
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Congressionally Established DoD Progress Payment Pilot Program On Hold

Section 874 of the fiscal 2024 National Defense Authorization Act authorized the DoD acquisition chief to "establish and implement a pilot program to incentivize contractor performance by paying covered contractors a progress payment rate that is up to 10 percent higher than the customary progress payment rate on a contract-by-contract basis." Yet, the pilot is on hold, as the Biden administration did not finalize the program, and as the office of Pentagon acquisition boss Michael Duffy attends to other business,…

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