Financial Restitution Processing
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A payment of $89.50 is being processed from a prime contractor to the U.S. Government through the Defense Financial and Accounting Service as restitution for non-conforming goods delivered under a subcontract. This transaction is formally documented under the contract title Financial Restitution Processing and is linked to the procurement activity identified by contract number SPE4A522P2363. The action falls under the NAICS code 522110, which pertains to real estate property managers, indicating the contract may involve logistical or administrative services related to property or supply management. The responsible agency is the Defense Logistics Agency within the Department of Defense, and the transaction is being handled through the DIBBS system to ensure proper accounting and compliance. The payment is not tied to a solicitation or set-aside program and does not specify a performance location or point of contact, emphasizing its singular purpose as a financial correction rather than an active procurement.
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