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FAR and DFARS › FAR Part 32: Contract Financing

FAR 32.002 Applicability of subparts.

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 which subparts of FAR Part 32 apply to which kinds of purchases. Some rules apply to all purchases, one subpart applies only to commercial product and commercial service purchases under Part 12, and other subparts apply only to purchases made under authorities other than Part 12. It matters because it tells a contractor which financing, debt, funding, claims, and payment rules govern a given contract.

Applies to: Purchases subject to FAR Part 32

Key terms: commercial products · commercial services · part 12 · purchases · subparts

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

The text

(a) The following sections and subparts of this part are applicable to all purchases subject to part 32:

(1) Sections 32.000 through 32.009.

(2) Subpart 32.3, Loan Guarantees for Defense Production.

(3) Subpart 32.6, Contract Debts.

(4) Subpart 32.7, Contract Funding.

(5) Subpart 32.8, Assignment of Claims.

(6) Subpart 32.9, Prompt Payment.

(7) Subpart 32.11, Electronic Funds Transfer.

(b) Subpart 32.2, Commercial Product and Commercial Service Purchase Financing, is applicable only to purchases of commercial products and commercial services under authority of part 12.

(c) The following subparts of this part are applicable to all purchases made under any authority other than part 12:

(1) Subpart 32.1, Financing for Other Than a Commercial Purchase.

(2) Subpart 32.4, Advance Payments for Other Than Commercial Acquisitions .

(3) Subpart 32.5, Progress Payments Based on Costs.

(4) Subpart 32.10, Performance-Based Payments.

Sections it refers to

  • 32.000 Scope of part.
  • 32.009 Providing accelerated payments to small business contractors and to prime contractors that subcontract with a small business concern.

← 32.001 Definitions. · 32.003 Simplified acquisition procedures financing. →

Rule changes for FAR Part 32

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

FAR 32.002 Applicability of subparts · SpendQuery