FAR and DFARS › FAR Part 52: Solicitation Provisions and Contract Clauses › Subpart 52.2

FAR 52.241-13 Capital Credits.

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 clause applies when the Government is a member of a cooperative and is entitled to capital credits under the cooperative's bylaws. It requires the contractor to report accrued credits to the Contracting Officer on a set schedule and to pay those credits by check to the named agency. It matters because it sets the reporting and payment mechanics for money owed to the Government as a cooperative member.

Applies to: Contracts with cooperatives where the Government is a member entitled to capital credits

What it requires

  • Furnish to the Contracting Officer or designated representative, in writing, a list of accrued credits by contract number, year, and delivery point on the specified periodic basis
  • Pay capital credits by check payable to the named agency and forwarded to the Contracting Officer at the specified address, unless otherwise directed in writing by the Contracting Officer
  • Cite the current or last contract number on checks and indicate whether the check is partial or final payment for all capital credits accrued

Key terms: capital credits · cooperative · bylaws · accrued credits · Contracting Officer

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

The text

As prescribed in 41.501(d)(7), insert a clause substantially the same as the following:

Capital Credits (FEB 1995)

(a) The Government is a member of the ____ [insert cooperative name], and as any other member, is entitled to capital credits consistent with the bylaws of the cooperative, which states the obligation of the Contractor to pay capital credits and which specifies the method and time of payment.

(b) The Contractor shall furnish to the Contracting Officer, or the designated representative of the Contracting Officer, in writing, on an ____ basis [insert period of time] a list of accrued credits by contract number, year, and delivery point.

(c) Payment of capital credits will be made by check, payable to the ____ [insert agency name], and forwarded to the Contracting Officer at ____ [insert agency address], unless otherwise directed in writing by the Contracting Officer. Checks shall cite the current or last contract number and indicate whether the check is partial or final payment for all capital credits accrued.

(End of clause)

Sections it refers to

  • 41.501 Solicitation provision and contract clauses.

Sections that refer to it

  • 41.501 Solicitation provision and contract clauses.

← 52.241-12 Nonrefundable, Nonrecurring Service Charge. · 52.242-1 Notice of Intent To Disallow Costs. →

Rule changes for FAR Part 52

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

FAR 52.241-13 Capital Credits · SpendQuery