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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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21 sections with “Financial management systems”

  • FAR 39.101 Policy.
    …ation of technology refreshment techniques. (b) Agencies must follow OMB Circular A-127, Financial Management Systems, when acquiring financial management systems. Agencies may acquire only core financial management software certified by t…
  • 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 39.000 Scope of part.
    …tion policies and procedures for use in acquiring— (a) Information technology, including financial management systems, consistent with other parts of this regulation, OMB Circular No. A-127, Financial Management Systems, and OMB Circular N…
  • 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…
  • FAR 52.245-1 Government Property.
    …urse the Government for loss of Government property, to the extent that the Contractor is financially liable for such loss, as directed by the Contracting Officer. (5) Upon the request of the Contracting Officer, the Contractor shall, at t…
  • FAR 7.105 Contents of written acquisition plans.
    …f the requirements, uncertain duration of the work, contractor's technical capability and financial responsibility, or adequacy of the contractor's accounting system), and associated reasoning essential to support the contract type selectio…
  • FAR 16.103 Negotiating contract type.
    …f the requirements, uncertain duration of the work, contractor's technical capability and financial responsibility, or adequacy of the contractor's accounting system), and associated reasoning essential to support the contract type selectio…
  • FAR 31.001 Definitions.
    … the final accumulation points. Fiscal year means the accounting period for which annual financial statements are regularly prepared, generally a period of 12 months, 52 weeks, or 53 weeks. Funded pension cost means the portion of pension…
  • FAR 42.302 Contract administration functions.
    … of the estimated cost under cost-reimbursement contracts. (17) Monitor the contractor's financial condition and advise the contracting officer when it jeopardizes contract performance. (18) Analyze quarterly limitation on payments statem…
  • FAR 42.1104 Surveillance requirements.
    …he contractor's experience with the contract supplies or services. (vi) The contractor's financial capability. (vii) Any supplementary written instructions from the contracting office. (b) Contracts at or below the simplified acquisition…
  • DFARS 215.407-5-70 Disclosure, maintenance, and review requirements.
    …ated with the contractor's related management systems; and (iv) Is subject to applicable financial control systems. Contractor means a business unit as defined in FAR 2.101. Estimating system means the contractor's policies, procedures, …
  • DFARS 242.7501 Definitions.
    … gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas …
  • DFARS 252.204-7012 Safeguarding Covered Defense Information and Cyber Incident Reporting.
    … locations), personally identifiable information, as well as trade secrets, commercial or financial information, or other commercially sensitive information that is not customarily shared outside of the company. Controlled technical inform…
  • DFARS 252.215-7002 Cost Estimating System Requirements.
    …rated with the Contractor's related management systems; and (4) Is subject to applicable financial control systems. Estimating system means the Contractor's policies, procedures, and practices for budgeting and planning controls, and gene…
  • DFARS 252.227-7013 Rights in Technical Data—Other Than Commercial Products and Commercial Services.
    …ncluding computer software documentation). The term does not include computer software or financial, administrative, cost or pricing, or management information, or information incidental to contract administration. Unlimited rights means r…
  • DFARS 252.227-7015 Technical Data—Commercial Products and Commercial Services.
    …ncluding computer software documentation). The term does not include computer software or financial, administrative, cost or pricing, or management information, or information incidental to contract administration. (b) Applicability. This …
  • DFARS 252.232-7003 Electronic Submission of Payment Requests and Receiving Reports.
    …ystem or other exempted vendor payment/invoicing system (e.g., PowerTrack, Transportation Financial Management System, and Cargo and Billing System); (3) DoD makes payment on a contract or task or delivery order for rendered health care se…
  • DFARS 252.239-7010 Cloud Computing Services.
    …ommunication of Government data. This does not include contractor's business records e.g. financial records, legal records etc. or data such as operating procedures, software coding or algorithms that are not uniquely applied to the Governm…
  • DFARS 252.242-7006 Accounting System Administration.
    … gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas …
  • DFARS 252.244-7001 Contractor Purchasing System Administration.
    … from contract award; (8) Evaluate price, quality, delivery, technical capabilities, and financial capabilities of competing vendors to ensure fair and reasonable prices; (9) Require management level justification and adequate cost or pri…
  • DFARS 252.247-7028 Application for U.S. Government Shipping Documentation/Instructions.
    ….g., Navy's Global Freight Management-Electronic Transportation Acquisition (GFM-ETA) and Financial Air Clearance Transportation System (FACTS) Shipment Processing Module, Air Force's Cargo Movement Operations System, DCMA's Shipment Instru…

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.