DSCA Policy Memo 19-55 New Standard Note for Letters of Offer and Acceptance, Risk Assessed Payment Schedule (RAPS) Term of Sale has been posted.
This memo in accordance with DSCA Policy 19-42 (ref a) and SAMM Section C184.108.40.206 (ref b), mandates the following Standard Note is placed on all Letters of Offer and Acceptance (LOAs) that use the RAPS term of sale and related payment schedule.
This memo adds the following note to appendix 6
Risk Assessed Payment Schedules (RAPS) Standard Note and revises
Table C9.T11. Terms of Sale.