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Any one of a set of pre-defined actions that can be executed on a contract at the line item detail level. The predefined actions include: (i) The shipping of a line item or portion thereof to a logistics receiving destination with all required documentation, (ii) The receipt of a credit memorandum, (iii) A lease payment, grant payment, or loan payment, (iv) A procurement accrual, (v) A formal petition for payment from an internal or external individual or organization for Department of Defense, (vi) A good or service being received, inspected and accepted. |