FAR 52.232-40
Providing Accelerated Payments to Small Business Subcontractors
What it says
Requires primes that receive accelerated payments from the government to make accelerated payments to their small business subcontractors, with a goal of paying within 15 days of a proper invoice.
Why it matters on DIBBS
If you supply a prime on a government contract, cite this clause when negotiating payment terms — you may be entitled to faster payment than the prime's standard net-60.