Key Issues Optical clocks Prototype funding SPAFORGEN
Defense Department acquisition officials have released answers to frequently asked questions about implementing new guidance to increase progress payments to contractors during the COVID-19 crisis.
The FAQ document, signed April 3 by Kim Herrington, the Pentagon's acting principal director of defense pricing and contracting, is available via a new website where DOD has been posting COVID-19-related memos and guidance.
The Pentagon temporarily increased progress payment rates on March 20 after defense contractors voiced concerns about potential cash flow problems in the aftermath of the COVID-19 outbreak.