GovGazette
Menu

Federal Acquisition Regulation

Prompt payment discounts

FAR 14.408-3
(a) Prompt payment discounts shall not be considered in the evaluation of bids. However, any discount offered will form a part of the award, and will be taken by the payment center if payment is made within the discount period specified by the bidder. As an alternative to indicating a discount in conjunction with the offer, bidders may prefer to offer discounts on individual invoices. (b) See Contract clauses for non-commercial purchases (FAR 32.111) (b)(1), which prescribes the contract clause at 52.232-8 , Discounts for Prompt Payment.
Record identifier14.408-3