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   <concept id="DFARS_PGI_PGI_232.1001"
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      <title class="- topic/title ">
         <ph props="autonumber" class="- topic/ph ">PGI 232.1001</ph> Policy.</title>
      <conbody class="- topic/body  concept/conbody ">
         <p id="YfqKqQ" outputclass="List1" class="- topic/p ">(a) <i class="+ topic/ph hi-d/i ">Contracting
officer action</i>. Performance-based payments are not practical
for use on all fixed price contracts and require considerable effort
between the contractor and Government to identify the appropriate
performance-based payment events and establish the proper completion
criteria for those events. Additionally, FAR 32.1003 prohibits contracts
from having both progress payments and performance-based payment
financing on a contract at the same time. Additional information and
instruction on performance-based payments are provided in the DoD
Performance-based Payments Guide on the DPC website in the Price, Cost and Finance
section under the Performance Based Payments – Guidebook and Analysis
Tool tab at
               <xref href="https://www.acq.osd.mil/asda/dpc/pcf/pricing-topics.html#pdp"
                  format="html"
                  scope="external"
                  class="- topic/xref ">https://www.acq.osd.mil/asda/dpc/pcf/pricing-topics.html#pdp</xref>
           .
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