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FAR and DFARS › FAR Part 13: Simplified Acquisition Procedures › Subpart 13.3

FAR 13.305-2 Agency responsibilities.

The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

In plain English

This section lists what each agency that uses imprest funds and third party drafts must do. It requires agencies to review whether those funds and accounts are still needed, adjust them to match actual needs, and issue implementing regulations. It matters to contractors because it shapes how agencies manage and document purchases made with these payment methods.

Applies to: Each agency using imprest funds and third party drafts

What it requires

  • Periodically review and determine whether there is a continuing need for each fund or third party draft account established, and that amounts of those funds or accounts are not in excess of actual needs
  • Take prompt action to have imprest funds or third party draft accounts adjusted to a level commensurate with demonstrated needs whenever circumstances warrant such action
  • Develop and issue appropriate implementing regulations

Key terms: imprest funds · third party drafts · implementing regulations · cash advances · reimbursements

Written by AI from this section's text. A guide, not legal advice: the text below rules.

The text

Each agency using imprest funds and third party drafts shall—

(a) Periodically review and determine whether there is a continuing need for each fund or third party draft account established, and that amounts of those funds or accounts are not in excess of actual needs;

(b) Take prompt action to have imprest funds or third party draft accounts adjusted to a level commensurate with demonstrated needs whenever circumstances warrant such action; and

(c) Develop and issue appropriate implementing regulations. These regulations shall include (but are not limited to) procedures covering—

(1) Designation of personnel authorized to make purchases using imprest funds or third party drafts; and

(2) Documentation of purchases using imprest funds or third party drafts, including documentation of—

(i) Receipt and acceptance of supplies and services by the Government;

(ii) Receipt of cash or third party draft payments by the suppliers; and

(iii) Cash advances and reimbursements.

← 13.305-1 General. · 13.305-3 Conditions for use. →

Rule changes for FAR Part 13

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.

FAR 13.305-2 Agency responsibilities · SpendQuery