Which two choices are correct regarding contract financing? a

The answer is a. and c.

a. In a fixed price contract, for the noncommercial items that contain progress payments, FAR allows a contractor to present an SF, Standard Form 1443, a request by the contract for progress payment monthly to pick the contract financing before the government allows services or products that are deliverable. The progressive finance payments do not encompass any profit amounts; the contractor only submits invoices for the disbursements of specific fit costs under varying categories according to the size of the entities. A percentage of the paid costs get paid to the contractor at a rate specified in the progress payment clause excluding progress payments made to subcontractors.

c. It is the contractor's responsibility to supply all the necessary resources required for a contract's performance. The contractor has the responsibility to purchase commercial items, though some markets may view the buyer's supply of financing as a commercial exercise. The contracting officer needs to include any necessary financing terms in the agreements for commercial purchases.