Title : 2023 - January 27 | Defense Security Cooperation Agency

Date	Changes
January 27, 2023	DSCA Policy Memo 22-47, New Term of Sale, Credit Assured Payment Schedules (CAPS) has been posted. Effective immediately, a new term of sale titled "Credit Assured Payment Schedules" (CAPS) is available for Foreign Military Sales (FMS) cases with eligible FMS partners. This memorandum establishes the policy for offering and implementing CAPS on Letters of Offer and Acceptance (LOAs) for eligible FMS partners that request the term of sale, and updates Chapter 9 of the Security Assistance Management Manual (SAMM) accordingly. This memo adds section C9.8.5. Credit Assured Payment Schedules (and sub-sections), updates Table C9.T11. Terms of Sale, and updates Table C9.T17. Initial Deposit Requirements.

Date

Changes

January 27, 2023

DSCA Policy Memo 22-47, New Term of Sale, Credit Assured Payment Schedules (CAPS) has been posted.

Effective immediately, a new term of sale titled "Credit Assured Payment Schedules" (CAPS) is available for Foreign Military Sales (FMS) cases with eligible FMS partners. This memorandum establishes the policy for offering and implementing CAPS on Letters of Offer and Acceptance (LOAs) for eligible FMS partners that request the term of sale, and updates Chapter 9 of the Security Assistance Management Manual (SAMM) accordingly.

This memo adds section C9.8.5. Credit Assured Payment Schedules (and sub-sections), updates Table C9.T11. Terms of Sale, and updates Table C9.T17. Initial Deposit Requirements.