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FAR and DFARS › FAR Part 32: Contract Financing

FAR 32.004 Contract performance in foreign countries.

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 addresses contract financing when performance happens in foreign countries. It says that whether the Government's security for that financing can be enforced depends on local law and procedure. Before providing financing, the contracting officer must make sure the Government's security is enforceable, which may require different or extra security than usual.

Applies to: Contracting officers providing contract financing where foreign jurisdictions may be involved

What it requires

  • Before providing contract financing where foreign jurisdictions may become involved, ensure the Government's security is enforceable.

Key terms: contract financing · security of Government financing · foreign jurisdiction · enforceable · contracting officer

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

The text

The enforceability of contract provisions for security of Government financing in a foreign jurisdiction is dependent upon local law and procedure. Prior to providing contract financing where foreign jurisdictions may become involved, the contracting officer shall ensure the Government's security is enforceable. This may require the provision of additional or different security than that normally provided for in the standard contract clauses.

← 32.003 Simplified acquisition procedures financing. · 32.005 Consideration for contract 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 32.004 Contract performance in foreign countries · SpendQuery