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   <concept id="DFARS_PGI_232.1001"
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         <ph props="autonumber" class="- topic/ph ">PGI 232.1001</ph> Policy.</title>
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         <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 Defense Pricing and Contracting (Price, Cost and Finance) website under Pricing Topics, Performance Based Payment.
            See
            https://www.acq.osd.mil/asda/dpc/pcf/docs/resources-training/Performance_Based_Payment_(PBP)_Guide.pdf.
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