DODD 7000.14-R VOL 10 CHAP 2

Abstract

Vendors and contractors offer discounts and banks issue various government purchase cards that provide rebates to encourage early payment of their receivables. The Department of Defense (DoD) will take advantage of the discount and rebate offers only when it is economically justified and advantageous to the DoD. The DoD will follow the supporting guidelines for taking discounts and rebates found in <strong><em><u>Title 5 of the Code of Federal Regulations (CFR) 1315, Federal Acquisition Regulation (FAR) Subpart 32.906(e), and Office of Management and Budget (OMB) Circular A-123, Appendix B, Chapter 7</u></em></strong>. <br>Purpose <br>This chapter prescribes the policy for processing discounts and government purchase card (GPC) rebates. Travel card rebates are addressed in Volume 9, Chapter 3 of this Regulation, and rebates associated with transportation payments made using a Third Party Payment System (TPPS) are addressed in Chapter 13 of this volume. This chapter also provides information on determining if discounts should be taken and provides information on rebates offered by GPC issuers to encourage early payment.