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NASA Ball NASA
Policy
Directive
NPD 7410.5E
Effective Date: October 26, 2006
Expiration Date: October 14, 2015
COMPLIANCE IS MANDATORY
Printable Format (PDF)

(NASA Only)

Subject: Approval of Early Payment to Contractors Under the Prompt Payment Act (Revalidated 10/14/10)

Responsible Office: Office of the Chief Financial Officer


1. POLICY

NASA shall make invoice payments subject to the Prompt Payment Act to vendors no more than seven days prior to the payment due date, unless a determination is made, on a case-by-case basis for specific payments, that earlier payment is necessary. This authority must be used cautiously, weighing the benefits to the Government. Written determinations to approve early payments are retained in the payment file. NASA Procedural Requirements (NPR) 9631.1, Chapter 3 contains NASA's requirements for making timely and early payments.

2. APPLICABILITY

This NPD is applicable to NASA Headquarters and NASA Centers, including Component Facilities and Technical and Service Support Center. This language applies to JPL, other contractors, grant recipients, or parties to agreements only to the extent specified or referenced in the appropriate contracts, grants, or agreements.

3. AUTHORITY

a. 31 U.S.C 3903, Prompt Payment; Regulations, as amended. b. 5 CFR Part 1315, Prompt Payment.

4. APPLICABLE DOCUMENTS

NPR 9631.1, Chapter 3, Prompt Payment.

5. RESPONSIBILITY

The Deputy Chief Financial Officer (Finance) (DCFO(F)) at each Center shall be authorized to approve early payments, as are the Agency CFO and Agency DCFO.

6. DELEGATION OF AUTHORITY

None.

7. MEASUREMENT/VERIFICATION

Cash management reviews and analysis will be used to measure compliance with this NPD.

8. CANCELLATION

NPD 7410.5D, Approval of Early Payment to Contractors Under the Prompt Payment Act, dated October 26, 2008.

REVALIDATED 10/14/2010: ORIGINAL SIGNED ON OCTOBER 26, 2006 BY:

/s/ Frederick D. Gregory
Acting Administrator


ATTACHMENT A: (TEXT)

None.

(URL for Graphic)

None.

DISTRIBUTION:
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