How do government contractors get paid?
Contractors get paid according to contract terms, usually after delivering and the government accepting the work via electronic invoicing.
Government contractors get paid according to the payment terms written in each contract, usually after delivering and the government accepting the work. Most federal contracts require electronic invoicing and pay by Electronic Funds Transfer directly to your bank account.
Payment timing typically follows Net-30 or similar terms, but may include progress or milestone payments on long projects. The key is submitting clean, accurate invoices that match the contract line items exactly.
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