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

FAR 13.305-3 Conditions for use.

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 states the conditions under which imprest funds or third party drafts may be used for purchases. It matters to contractors because it sets dollar limits and other requirements that must be met for these payment methods to be used.

Applies to: Purchases using imprest funds or third party drafts

What it requires

  • Ensure the imprest fund transaction does not exceed $500 or another limit approved by the agency head
  • Ensure the third party draft transaction does not exceed $2,500 unless a higher level is authorized under Treasury restrictions
  • Confirm that using imprest funds or third party drafts is advantageous to the Government
  • Comply with any additional agency conditions and the policies and regulations referenced in 13.305-1

Key terms: imprest funds · third party drafts · agency head · Treasury restrictions

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

The text

Imprest funds or third party drafts may be used for purchases when—

(a) The imprest fund transaction does not exceed $500 or such other limits as have been approved by the agency head;

(b) The third party draft transaction does not exceed $2,500, unless authorized at a higher level in accordance with Treasury restrictions;

(c) The use of imprest funds or third party drafts is considered to be advantageous to the Government; and

(d) The use of imprest funds or third party drafts for the transaction otherwise complies with any additional conditions established by agencies and with the policies and regulations referenced in 13.305-1.

Sections it refers to

← 13.305-2 Agency responsibilities. · 13.305-4 Procedures. →

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 13.305-3 Conditions for use · SpendQuery