FAR 32.1005
Solicitation provision and contract clause.
(a) Insert the clause at 52.232-32 , Performance-Based Payments, in- (1) Solicitations that may result in contracts providing for performance-based payments; and (2) Fixed-price contracts under which the Government will provide performance-based payments. (b) (1) Insert the solicitation provision at 52.232-28 , invitation to Propose Performance-Based Payments, in negotiated solicitations that invite offerors to propose performance-based payments. (2) Use the provision with its Alternate I in competitive negotiated solicitations if the Government intends to adjust proposed prices for proposal evaluation purposes (see 32.1004 (e)).
Source: acquisition.gov — FAR
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