SpendQueryBeta

FAR and DFARS › FAR Part 32: Contract Financing › Subpart 32.1

FAR 32.107 Need for contract financing not a deterrent.

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 says that a contractor's need for contract financing cannot be used against them when awarding a contract, as long as they meet the standards for a responsible prospective contractor. It also says a contractor should not be denied contract financing just because they did not ask for it before the contract was awarded.

Applies to: Contractors and offerors who need contract financing

Key terms: contract financing · responsible prospective contractors · handicap · responsibility factor · evaluation criterion

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

The text

(a) If the contractor or offeror meets the standards prescribed for responsible prospective contractors at 9.104, the contracting officer shall not treat the contractor's need for contract financing as a handicap for a contract award; e.g., as a responsibility factor or evaluation criterion.

(b) The contractor should not be disqualified from contract financing solely because the contractor failed to indicate a need for contract financing before the contract was awarded.

Sections it refers to

← 32.106 Order of preference. · 32.108 Financial consultation. →

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 32.107 Need for contract financing not a deterrent · SpendQuery