Class Deviation from the Federal Acquisition Regulation (FAR) to Implement Office of Management and Budget (OMB) Policy Memorandum M-12-16, Providing Prompt Payment to Small Business Subcontractors

The Civilian Agency Acquisition Council (CAAC) issued Civilian Agency Acquisition Letter 2012-03 to distribute a class deviation clause agencies may use to require prime contractors to pay small business subcontractors on an accelerated timetable to th...

Office of Management

March 31, 2016
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The Civilian Agency Acquisition Council (CAAC) issued Civilian Agency Acquisition Letter 2012-03 to distribute a class deviation clause agencies may use to require prime contractors to pay small business subcontractors on an accelerated timetable to the maximum extent practicable. This Policy Flash forwards the approved DOE class deviation and the Civilian Agency Acquisition Letter 2012-03, containing the OMB/FAR Council class deviation clause.