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This activity involves determining the entitlement and calculating the adjusted payment amount for a vendor, or other party owed by the government, as a result of having provided material or services to the DoD. The activity includes conducting a two-way or three-way match to validate the payment request, and calculating the adjustment to an account payable for vendor, or other party owed by the government. For FAR-based payments, the payment instructions found in the contract are applied to the payment request. The calculation takes into account any adjustments based on contract clauses (i.e., contract holdbacks), discounts from either the payment request or contract, and any interest due to the vendor. A payment date is scheduled within the constraints of the Prompt Payment Act, if applicable. |