HR 2007
99th Congress
House
Government Operations and Politics
Business and commerce
Defense contracts
Public Contracts, Procurement, and Property
Small business
A bill to amend title 10, United States Code, to limit progress payments under defense contracts.
Introduced: April 4, 1985
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 16, 1985
Referred to Subcommittee on Investigations.
Apr 16, 1985
Executive Comment Requested from DOD.
Apr 4, 1985
Referred to House Committee on Armed Services.
Apr 4, 1985
Introduced in House
Plain-English summary
Limits progress payments under defense contracts to 80 percent of the total costs of performing the contract (85 percent with a small business). Authorizes the Secretary of Defense and the heads of Federal agencies to provide progress payments at a different rate under certain circumstances.
What's happening now
Referred to Subcommittee on Investigations.
Committees of jurisdiction
2