FEDERAL · 41 U.S.C. · Chapter 45
Payment
41 U.S.C. § 4502
Title41 — Public Contracts
Chapter45 — CONTRACT FINANCING
This text of 41 U.S.C. § 4502 (Payment) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
41 U.S.C. § 4502.
Text
(a)Basis for Payment.—When practicable, payments under section 4501 of this title shall be made on any of the following bases:
(1)Performance measured by objective, quantifiable methods such as delivery of acceptable items, work measurement, or statistical process controls.
(2)Accomplishment of events defined in the program management plan.
(3)Other quantifiable measures of results.
(b)Payment Amount.—Payments made under section 4501 of this title may not exceed the unpaid contract price.
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Related
§ 4501
41 U.S.C. § 4501
Source Credit
History
(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3791.)
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Bluebook (online)
41 U.S.C. § 4502, Counsel Stack Legal Research, https://law.counselstack.com/usc/41/4502.