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TITLE 48 - FEDERAL ACQUISITION REGULATIONS SYSTEM
CHAPTER 3 - HEALTH AND HUMAN SERVICES
SUBCHAPTER G - CONTRACT MANAGEMENT
PART 342 - CONTRACT ADMINISTRATION
342.7003 - 3 - Withholding payments.
(a) When making the determination that contract payments should be withheld in accordance with the Withholding of Contract Payments clause, the contracting officer is to immediately notify the servicing finance office in writing of the determination to suspend payments. The notice of suspension is to contain all elements of information required by the payment office to properly identify the contract and the applicable accounts involved.
(b) The contracting officer is to immediately notify the contractor in writing that payments have been suspended until the default or failure is cured.
(c) When the contractor cures the default or failure, the contracting officer is to immediately notify, in writing, all recipients of the notice of suspension that the suspension is to be lifted and contract payments are to be resumed.
(d) When exercising actions regarding the withholding of payment procedures, the contracting officer must be careful not to waive any of the Government's rights when corresponding with the contractor or when taking any other actions.
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