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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18 sections with “Loan guarantees”

  • FAR 32.305 Loan guarantees for terminated contracts.
    (a) The purpose of guaranteed loans; i.e., to provide for financing based on the borrower's recoverable investment in defense production contracts, may also apply to contracts that have been terminated (partially or totally) for the conveni…
  • FAR 32.304-7 Contract surety bonds and loan guarantees.
    …) Contract surety bonds are incompatible with the Government's interests under guaranteed loans, unless the interests of the surety are subordinated to the guaranteed loan. (b) If a substantial share of the contractor's defense contracts a…
  • FAR 32.306 Loan guarantees for subcontracts.
    If the request for a loan guarantee concerns a subcontractor that is financially weak in comparison with its contractor, the Government's interests may be fostered by the contractor making progress payments to the subcontractor. If so, the …
  • FAR 32.303 General.
    (a) Section 301 of the Defense Production Act authorizes loan guarantees for contract performance or other operations related to national defense, subject to amounts annually authorized by Congress on the maximum obligation of any guarantee…
  • FAR 9.403 Definitions.
    …s are grants, cooperative agreements, scholarships, fellowships, contracts of assistance, loans, loan guarantees, subsidies, insurance, payments for specified use, and donation agreements. See 2 CFR part 180 and agency enacting regulations …
  • FAR 32.105 Uses of contract financing.
    …pansion of contractor-owned facilities or the acquisition of fixed assets. However, under loan guarantees, exceptions may be made for— (1) Facilities expansion of a minor or incidental nature, if a relatively small part of the guaranteed l…
  • FAR 32.106 Order of preference.
    …asonable terms; or (2) From other agencies. (b) Customary contract financing other than loan guarantees and certain advance payments (see 32.113). (c) Loan guarantees. (d) Unusual contract financing (see 32.114). (e) Advance payments (…
  • FAR 32.000 Scope of part.
    …g partial payments and progress payments based on percentage or stage of completion; (b) Loan guarantees, advance payments, and progress payments based on costs; (c) Administration of debts to the Government arising out of contracts; (d)…
  • FAR 32.002 Applicability of subparts.
    …all purchases subject to part 32: (1) Sections 32.000 through 32.009. (2) Subpart 32.3, Loan Guarantees for Defense Production. (3) Subpart 32.6, Contract Debts. (4) Subpart 32.7, Contract Funding. (5) Subpart 32.8, Assignment of Claim…
  • FAR 32.102 Description of contract financing methods.
    …al payments for a contract termination proposal; or (4) Performance-based payments. (c) Loan guarantees are made by Federal Reserve banks, on behalf of designated guaranteeing agencies, to enable contractors to obtain financing from priva…
  • FAR 32.302 Authority.
    …n behalf of guaranteeing agencies, as fiscal agents of the United States in the making of loan guarantees for defense production (Section 301, Defense Production Act of 1950 (50 U.S.C. App. 2091)). By Executive Order 10480, August 14, 1953 …
  • DFARS 232.104 Providing contract financing.
    …etermined that— (1) The use of customary contract financing (see FAR 32.113), other than loan guarantees and advance payments, is in DoD's best interest; and (2) Further justification of its use in individual acquisitions is unnecessary.
  • FAR 2.101 Definitions.
    …he contractor to a bank, trust company, or other financing institution, as security for a loan to the contractor, of its right to be paid by the Government for contract performance. Assisted acquisition means a type of interagency acquisit…
  • FAR 32.300 Scope of subpart.
    This subpart prescribes policies and procedures for designated agencies' guarantees of loans made by private financial institutions to borrowers performing contracts related to national defense (see 30.102).
  • FAR 32.304-6 Other collateral security.
    …ng are examples of other forms of security that, although seldom invoked under guaranteed loans, may be required when considered necessary for protection of the Government interest: (a) Mortgages on fixed assets. (b) Liens against invento…
  • FAR 47.502 Policy.
    …antees the convertibility of foreign currencies; or (iv) Acquired with advance of funds, loans, or guaranties made by or on behalf of the United States. (b) Additional policies providing preference for the use of U.S.-flag vessels are con…
  • FAR 47.504 Exceptions.
    …pments covered under 46 U.S.C. Appx 1241-1, such as those generated by Export-Import Bank loans or guarantees; (3) Subcontracts under— (i) Government contracts or agreements for ocean transportation services; or (ii) Construction contrac…
  • FAR 52.247-64 Preference for Privately Owned U.S.-Flag Commercial Vessels.
    …rantees the convertibility of foreign currencies; or (4) Acquired with advance of funds, loans, or guaranties made by or on behalf of the United States. (b) The Contractor shall use privately owned U.S.-flag commercial vessels to ship at …

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.