FAR and DFARS › FAR Part 32: Contract Financing › Subpart 32.9
FAR 32.901 Applicability.
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 explains when the rules on invoice payments apply. It covers invoice payments on all contracts, except those with payment terms and late payment penalties set by other governmental authority, and it does not cover contract financing payments.
Applies to: Invoice payments on contracts, with stated exceptions
Key terms: invoice payments · contract financing payments · payment terms · late payment penalties
Written by AI from this section's text. A guide, not legal advice: the text below rules.
The text
(a) This subpart applies to invoice payments on all contracts, except contracts with payment terms and late payment penalties established by other governmental authority (e.g., tariffs).
(b) This subpart does not apply to contract financing payments (see definition at 32.001).
Sections it refers to
- 32.001 Definitions.
← 32.900 Scope of subpart. · 32.902 Definitions. →
Rule changes for FAR Part 32
- Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds ↗ · final rule 2025-08-27 · effective 2025-10-01
- Federal Acquisition Regulation; Technical Amendments ↗ · final rule 2025-08-07 · effective 2025-08-07
- Federal Acquisition Regulation: Inflation Adjustment of Acquisition-Related Thresholds ↗ · proposed 2024-11-29 · comments due 2025-01-28
Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Plain words for the terms: glossary.