Federal activity overview — FAR 52.232-33: Payment by Electronic Funds Transfer — SAM
Federal form · U.S. General Services Administration (Standard Form)
Requires all contract payments to be made by electronic funds transfer (EFT) using banking information registered in SAM.gov. Contractors must maintain current EFT information in their SAM.gov registration to receive timely payments. This clause has essentially eliminated paper check payments for federal contracts.
Contractors ensure their SAM.gov registration includes current banking information to receive EFT payments under FAR 52.232-33. Payment delays often result from outdated EFT information in SAM.gov.
Reference record · Sources: U.S. General Services Administration (Standard Form) · Covers what it is, when it is used
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FAR 52.232-33: Payment by Electronic Funds Transfer — SAM Government Contracts & Federal Records
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is federal form FAR 52.232-33 (Payment by Electronic Funds Transfer — SAM). Requires all contract payments to be made by electronic funds transfer (EFT) using banking information registered in SAM.gov. Contractors must maintain current EFT information in their SAM.gov registration to receive timely payments. This clause has essentially eliminated paper check payments for federal contracts.
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Ask about FAR 52.232-33Contractors ensure their SAM.gov registration includes current banking information to receive EFT payments under FAR 52.232-33. Payment delays often result from outdated EFT information in SAM.gov.
Keep FAR 52.232-33: Payment by Electronic Funds Transfer — SAM with your other forms and come back to the official source and instructions.
Bureauify. (n.d.). FAR 52.232-33: Payment by Electronic Funds Transfer — SAM — Records & sources. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/form/far-52-232-33-payment-by-electronic-funds-transfer
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