Section 252.232-7002 - Progress Payments for Foreign Military Sales AcquisitionsAs prescribed in 232.502-4-70(a), use the following clause:
Progress Payments for Foreign Military Sales Acquisitions (MAY 2023)
If this contract includes foreign military sales (FMS) requirements, the Contractor shall-
(a) Submit separate progress payment requests for the FMS and U.S. line items in the contract;(b) Submit a supporting schedule showing the amount of each request distributed to each country's requirements;(c) Identify in each progress payment request the contract requirements to which it applies (i.e., FMS or U.S.);(d) Calculate each request on the basis of the prices, costs (including costs to complete), subcontract financing, and progress payment liquidations of the contract requirements to which it applies; and(e) Distribute costs among the countries in a manner acceptable to the Administrative Contracting Officer. (End of clause)
88 FR 33833, May 25, 2023