48 CFR · Federal Acquisition Regulation and Defense supplement

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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.

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13 sections with “EFT method”

  • FAR 32.1102 Definitions.
    As used in this subpart— Electron Funds Transfer information (EFT) means information necessary for making a payment by EFT through specified EFT mechanisms. Governmentwide commercial purchase card means a card that is similar in nature to…
  • FAR 52.232-34 Payment by Electronic Funds Transfer—Other than System for Award Management.
    …ayments by the Government under this contract shall be made by electronic funds transfer (EFT) except as provided in paragraph (a)(2) of this clause. As used in this clause, the term “EFT” refers to the funds transfer and may also include t…
  • FAR 4.1102 Policy.
    …SAM registration; and (7) Micro-purchases that do not use the electronic funds transfer (EFT) method for payment and are not required to be reported (see subpart 4.6). (b) If practical, the contracting officer shall modify the contract or…
  • FAR 32.1103 Applicability.
    The Government shall provide all contract payments through EFT except if— (a) The office making payment under a contract that requires payment by EFT, loses the ability to release payment by EFT. To the extent authorized by 31 CFR part 208…
  • FAR 32.1110 Solicitation provision and contract clauses.
    …nsfer—Other than System for Award Management, in solicitations and contracts that require EFT as the method for payment but do not include the provision at 52.204-7, System for Award Management, or a similar agency clause that requires the …
  • FAR 52.232-33 Payment by Electronic Funds Transfer—System for Award Management.
    …ayments by the Government under this contract shall be made by electronic funds transfer (EFT), except as provided in paragraph (a)(2) of this clause. As used in this clause, the term “EFT” refers to the funds transfer and may also include …
  • FAR 32.1105 Assignment of claims.
    The use of EFT payment methods is not a substitute for a properly executed assignment of claims in accordance with Subpart 32.8. EFT information that shows the ultimate recipient of the transfer to be other than the contractor, in the absen…
  • FAR 2.101 Definitions.
    …d by the applicable Federal Information Processing Standards. Electronic Funds Transfer (EFT) means any transfer of funds, other than a transaction originated by cash, check, or similar paper instrument, that is initiated through an electr…
  • FAR 52.212-1 Instructions to Offerors—Commercial Products and Commercial Services.
    …e Offeror's name and address. The Offeror also shall enter its Electronic Funds Transfer (EFT) indicator, if applicable. The EFT indicator is a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion …
  • FAR 13.302-1 General.
    …ntractual information. (e) In accordance with 31 U.S.C. 3332, electronic funds transfer (EFT) is required for payments except as provided in 32.1110. See Subpart 32.11 for instructions for use of the appropriate clause in purchase orders. …
  • FAR 32.906 Making payments.
    …t office— (1) Will mail checks on the same day they are dated; (2) For payments made by EFT, will specify a date on or before the established due date for settlement of the payment at a Federal Reserve Bank; (3) When the due date falls o…
  • FAR 52.245-1 Government Property.
    … but is not limited to— (1) Items that cannot be found after a reasonable search; (2) Theft; (3) Damage resulting in unexpected harm to property requiring repair to restore the item to usable condition; or (4) Destruction resulting from…
  • DFARS 225.7304 FMS customer involvement.
    …3) of this section, the degree of FMS customer participation in contract negotiations is left to the discretion of the contracting officer after consultation with the contractor. The contracting officer shall provide an explanation to the F…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.