FAR and DFARS › DFARS Part 207: Acquisition Planning › Subpart 207.4
DFARS 207.471 Funding requirements.
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 tells DoD contracting personnel how leases must be funded. Leases must be funded according to the DoD Financial Management Regulation, and DoD leases fall into two categories: capital leases and operating leases. Capital leases are treated like installment purchases of property and must be funded with procurement funds.
Applies to: DoD leases and the contracting personnel who fund them
What it requires
- Fund leases in accordance with DoD Financial Management Regulation (FMR) 7000.14-R, Volume 2A, Chapter 1.
- Use procurement funds for capital leases.
Key terms: capital leases · operating leases · procurement funds · DoD Financial Management Regulation (FMR)
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
(a) Fund leases in accordance with DoD Financial Management Regulation (FMR) 7000.14-R, Volume 2A, Chapter 1.
(b) DoD leases are either capital leases or operating leases. See FMR 7000.14-R, Volume 4, Chapter 6, section 060206.
(c) Use procurement funds for capital leases, as these are essentially installment purchases of property.
← 207.470 Statutory requirements. · 207.500 Scope of subpart. →
Rule changes for DFARS Part 207
- Defense Federal Acquisition Regulation Supplement: Use of Fixed-Price Contracts for Certain Major Defense Acquisition Programs (DFARS Case 2023-D009) ↗ · final rule 2024-04-25 · effective 2024-04-25
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.