NASA Procedures and Guidelines
This Document is Obsolete and Is No Longer Used. Check the NODIS Library to access the current version: http://nodis3.gsfc.nasa.gov
NPR 9050.5 Eff. Date: September 30, 2008 Cancellation Date: February 04, 2013	Cash Management for Contracts
| TOC | Preface | Chapter1 | Chapter2 | Chapter3 | Chapter4 | Chapter5 | AppendixA | AppendixB | AppendixC | ALL |

Chapter 1. General Overview

1.1 Overview

1.1.1 This NPR covers National Aeronautics and Space Administration (NASA) policy and standard procedures associated with contract financial management to ensure that contracts with outside vendors are properly accounted for in accordance with relevant laws and regulations.

1.2 Agency Requirements

1.2.1 It is the policy of NASA to process contract payments, claims, and collections in accordance with the Federal Acquisition Regulations (FAR), the NASA FAR Supplement, and other applicable laws and regulations as provided within the NPR.

1.3 Roles and Responsibilities

1.3.1 NASA Agency Office of the Chief Financial Officer shall:

a. Establish and maintain policies for the timely collection of contractor debt, payment of contractor invoices, and resolution of contractor claims.

b. Monitor compliance with contract financial management policies.

1.3.2 NASA Center Office of the Chief Financial Officer shall:

a. Ensure compliance with contract financial management policies.

1.3.3 NASA Shared Services Center shall:

a. Record contractor debt collections, payments, and claims in accordance with contract financial management policy.

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