4. Include the EFT payment clause from the Federal Acquisition Regulations in all contracts. The Director of the Office of Management and Budget (OMB) should set the policy and the Secretary of the Treasury should issue requirements for all agencies to implement this by October 1994. All businesses with federal contracts would be paid through EFT after that point. All contracts should include the electronic funds transfer payment methods clause in the Federal Acquisition Regulations beginning October 1994.[Endnote 3]
You can attach your comments to this document. If you enter your email address in the empty box below and click on the submit button, you will receive via email a form that allows you to link your views to the NPR hypertext.
Subscribe Unsubscribe No Action