Title 41 — Public ContractsRelease 119-73not60
§4502 Payment
Title 41 › Subtitle Subtitle I— Federal Procurement Policy › Chapter 45— CONTRACT FINANCING › § 4502
Summary
When practical, payments under section 4501 must be based on measurable results. They should use one of three bases: countable performance (for example, delivering acceptable items or measured work), completing events in the program management plan, or other measurable results. Payments may not exceed the unpaid contract price.
Full Legal Text
Title 41, §4502
Public Contracts — Source: USLM XML via OLRC
(a)When practicable, payments under section 4501 of this title shall be made on any of the following bases:
(1)Performance measured by objective, quantifiable methods such as delivery of acceptable items, work measurement, or statistical process controls.
(2)Accomplishment of events defined in the program management plan.
(3)Other quantifiable measures of results.
(b)Payments made under section 4501 of this title may not exceed the unpaid contract price.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large) 4502(a)41:255(b).June 30, 1949, ch. 288, title III, § 305(b), as added Pub. L. 103–355, title II, § 2051(b), Oct. 13, 1994, 108 Stat. 3304. 4502(b)41:255(c).June 30, 1949, ch. 288, title III, § 305(c), 63 Stat. 396; July 12, 1952, ch. 703, § 1(m), 66 Stat. 594; Pub. L. 85–800, § 4, Aug. 28, 1958, 72 Stat. 966; Pub. L. 103–355, title II, § 2051(a)(3), (5), Oct. 13, 1994, 108 Stat. 3304.
Reference
Citations & Metadata
Citation
41 U.S.C. § 4502
Title 41 — Public Contracts
Last Updated
Apr 5, 2026
Release point: 119-73not60