Link to "5-11.8 Clauses and Provisions" Link to contents for "5 USPS Supplying Practices Process Step 5: Measure and Manage Supply"      Link to "5-12.1 Payment Time Frame"

5-12 Make Payment

Payment is the money rendered by the Postal Service to the supplier in exchange for the goods or services provided upon receipt of a proper invoice or a request for payment or as otherwise specified in the contract. The contracting officer has overall responsibility for ensuring payments are made. Failing to make payment or making late payment can have harmful effects such as damaged supplier relations, delays, and the accrual of interest pursuant to the Prompt Payment Act.




Link to "5-11.8 Clauses and Provisions" Link to contents for "5 USPS Supplying Practices Process Step 5: Measure and Manage Supply"      Link to "5-12.1 Payment Time Frame"