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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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89 sections with “Financial interest”: the first 40

  • DFARS 252.209-7007 Prohibited Financial Interests for Lead System Integrators.
    As prescribed in 209.570-4(b), use the following clause: Prohibited Financial Interests for Lead System Integrators (DEC 2022) (a) Definitions. As used in this clause— (1) Lead system integrator includes lead system integrator with syste…
  • FAR 52.203-16 Preventing Personal Conflicts of Interest.
    …ublic. Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee's ability to act impartially and in the best interest of the Gov…
  • FAR 32.411 Agreement for special account at a financial institution.
    …ert the name of the State of incorporation] corporation (the Contractor), and ________, a financial institution operating under the laws of ________, located at ________ (the financial institution). Recitals (a) Under date of ________, 20…
  • DFARS 232.072-2 Appropriate information.
    (a) The contracting officer shall obtain the type and depth of financial and other information that is required to establish a contractor's financial capability or disclose a contractor's financial condition. While the contracting officer s…
  • FAR 3.1101 Definitions.
    …sures. Personal conflict of interest means a situation in which a covered employee has a financial interest, personal activity, or relationship that could impair the employee's ability to act impartially and in the best interest of the Gov…
  • FAR 31.205-20 Interest and other financial costs.
    Interest on borrowings (however represented), bond discounts, costs of financing and refinancing capital (net worth plus long-term liabilities), legal and professional fees paid in connection with preparing prospectuses, and costs of prepar…
  • DFARS 252.209-7006 Limitations on Contractors Acting as Lead System Integrators.
    …rovision, have the meanings given in the clause of this solicitation entitled “Prohibited Financial Interests for Lead System Integrators” (DFARS 252.209-7007). (b) General. Unless an exception is granted, no contractor performing lead sys…
  • FAR 2.101 Definitions.
    …e, computer, or magnetic tape, for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit an account. The term includes Automated Clearing House transfers, Fedwire transfers, and transfers made at au…
  • FAR 3.1103 Procedures.
    …t might be affected by the task to which the employee has been assigned, as follows: (A) Financial interests of the covered employee, of close family members, or of other members of the covered employee's household. (B) Other employment o…
  • FAR 32.202-4 Security for Government financing.
    …. (2) Subject to agency regulations, the contracting officer may determine the offeror's financial condition to be adequate security, provided the offeror agrees to provide additional security should that financial condition become inadequ…
  • FAR 32.403 Applicability.
    …urity to permit assignment of claims under the contract. (e) Contracts entered into with financially weak contractors whose technical ability is considered essential to the agency. In these cases, the agency shall closely monitor the contr…
  • FAR 52.227-14 Rights in Data—General.
    …are. The term does not include information incidental to contract administration, such as financial, administrative, cost or pricing, or management information. Form, fit, and function data means data relating to items, components, or proc…
  • FAR 52.232-12 Advance Payments.
    …or deposit only in the Contractor's special account with the ____ [insert the name of the financial institution]. None of the funds in the special account shall be mingled with other funds of the Contractor. Withdrawals from the special acc…
  • FAR 52.232-34 Payment by Electronic Funds Transfer—Other than System for Award Management.
    … meaning of paragraph (d) of this clause. (h) Liability for change of EFT information by financial agent. The Government is not liable for errors resulting from changes to EFT information provided by the Contractor's financial agent. (i) …
  • FAR 3.104-2 General.
    …participating personally and substantially in any particular matter that would affect the financial interests of any person with whom the employee is seeking employment. An employee who engages in negotiations or is otherwise seeking employ…
  • FAR 31.205-6 Compensation for personal services.
    …diate families; and (B) Persons who are contractually committed to acquire a substantial financial interest in the contractor's enterprise. (ii) For these individuals, compensation must— (A) Be reasonable for the personal services render…
  • FAR 32.407 Interest.
    …ed balance of all advance payments at the higher of— (1) The published prime rate of the financial institution (depository) in which the special account (see 32.409-3) is established; or (2) The rate established by the Secretary of the Tr…
  • FAR 32.408 Application for advance payments.
    …nts. (3) The proposed total amount of advance payments. (4) The name and address of the financial institution at which the contractor expects to establish a special account as depository for the advance payments. If advance payments in th…
  • FAR 32.503-2 Supervision of progress payments.
    … the contractor's experience, performance record, reliability, quality of management, and financial strength, and with the adequacy of the contractor's accounting system and controls. Supervision shall be of a kind and degree sufficient to …
  • FAR 32.607-2 Deferment of collection.
    …ation with the request for deferment may be limited to an explanation of the contractor's financial condition. (2) Actions filed by contractors under the Disputes Clause shall not suspend or delay collection. (3) If there is no appeal pen…
  • FAR 42.902 Procedures.
    …e of bankruptcy to legal counsel and other appropriate agency offices (e.g., contracting, financial, property) and affected buying activities; (2) Determine the amount of the Government's potential claim against the contractor (in assessin…
  • FAR 3.104-5 Disqualification.
    …er or employee may not be reinstated to participate in a procurement matter affecting the financial interest of someone with whom the individual is seeking employment, unless the individual receives— (i) A waiver pursuant to 18 U.S.C. 208(…
  • FAR 15.407-1 Defective certified cost or pricing data.
    …r the clauses prescribed in 15.408(b) and (c). The Government has a continuing and direct financial interest in such payments that is unaffected by the initial agreement on prime contract price.
  • FAR 28.308 Self-insurance.
    …ms regarding insurance coverage for any Government property; (4) The contractor's latest financial statements; (5) Any self-insurance feasibility studies or insurance market surveys reporting comparative alternatives; (6) Loss history, p…
  • FAR 32.206 Solicitation provisions and contract clauses.
    …he contract. (3) If the security accepted by the contracting officer is the contractor's financial condition, the contracting officer shall incorporate in the clause constructed under paragraph (b)(1) of this section the following— (i) A …
  • FAR 47.207-1 Qualifications of offerors.
    …ecome familiar with conditions under which and where the services will be performed. (e) Financial statement. The contracting officer shall insert the provision at 52.247-6, Financial Statement, to ensure that offerors are prepared to furn…
  • FAR 49.107 Audit of prime contract settlement proposals and subcontract settlements.
    …ment and orderly administration; or (iv) The contractor has a substantial or controlling financial interest in the subcontractor. (2) The audit agency should avoid duplication of accounting reviews performed by the upper tier contractor o…
  • FAR 52.232-32 Performance-Based Payments.
    …ct is endangered by the Contractor's (i) failure to make progress, or (ii) unsatisfactory financial condition. (3) The Contractor is delinquent in payment of any subcontractor or supplier under this contract in the ordinary course of busin…
  • FAR 52.232-33 Payment by Electronic Funds Transfer—System for Award Management.
    …rement of this contract, payment to an ultimate recipient other than the Contractor, or a financial institution properly recognized under an assignment of claims pursuant to subpart 32.8, is not permitted. In all respects, the requirements …
  • DFARS 209.570-1 Definitions.
    …integrator, as used in this section, is defined in the clause at 252.209-7007, Prohibited Financial Interests for Lead System Integrators. See PGI 209.570-1 for additional information.
  • DFARS 209.570-2 Policy.
    …m integrator functions in the acquisition of a major system by DoD from having any direct financial interest in the development or construction of any individual system or element of any system of systems. (b) The prohibition in paragraph …
  • DFARS 209.570-3 Procedures.
    … integrator”; (2) Consider all information regarding the prospective contractor's direct financial interests in view of the prohibition at 209.570-2(a); and (3) Follow the procedures at PGI 209.570-3. (b) A determination to use a contrac…
  • DFARS 209.570-4 Solicitation provision and contract clause.
    …ions the use of a lead system integrator. (b) Use the clause at 252.209-7007, Prohibited Financial Interests for Lead System Integrators— (1) In solicitations that include the provision at 252.209-7006; and (2) In contracts when the cont…
  • DFARS 217.172 Multiyear contracts for supplies.
    …with DoD policy (e.g., the full funding policy in Volume 2A, chapter 1, of DoD 7000.14-R, Financial Management Regulation). (h) The head of the agency shall ensure that the following conditions are satisfied before awarding a multiyear con…
  • DFARS 227.7006 Investigation and administrative disposition of claims.
    …rative determination shall be the responsibility of the Department having the predominant financial interest in the claim or of the Department or Departments as jointly agreed upon by the Departments concerned. The Department responsible fo…
  • FAR 32.104 Providing contract financing.
    … (5) Monitor the contractor's use of the contract financing provided and the contractor's financial status. (b) If the contractor is a small business concern, the contracting officer must give special attention to meeting the contractor's …
  • FAR 32.303 General.
    …ent. (d) Guaranteed loans are essentially the same as conventional loans made by private financial institutions, except that the guaranteeing agency is obligated, on demand of the lender, to purchase a stated percentage of the loan and to …
  • FAR 32.409-3 Security, supervision, and covenants.
    …ncy shall (1) ensure that the amount of advance payments does not exceed the contractor's financial needs, and (2) closely supervise the contractor's withdrawal of funds from special accounts in which the advance payments are deposited. (c…
  • FAR 32.410 Findings, determination, and authorization.
    …se requires that all payments will be desposited in a special account at the Contractor's financial institution and that the Government will have a paramount lien on (i) the credit balance in the special account, (ii) any supplies contracte…
  • FAR 52.216-7 Allowable Cost and Payment.
    …here the procedures have not changed from the previous year's submission). (F) Certified financial statements and other financial data (e.g., trial balance, compilation, review, etc.). (G) Management letter from outside CPAs concerning an…

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.