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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5 sections with “Special bank accounts”

  • FAR 2.101 Definitions.
    … business with a Small Business Teaming Arrangement) due to— (i) The diversity, size, or specialized nature of the elements of the performance specified; (ii) The aggregate dollar value of the anticipated award; (iii) The geographical di…
  • FAR 52.232-12 Advance Payments.
    … shall apply terms similar to this clause to any advance payments to subcontractors. (b) Special account. Until (1) the Contractor has liquidated all advance payments made under the contract and related interest charges and (2) the adminis…
  • FAR 42.302 Contract administration functions.
    …nts on assigned contracts when prescribed in agency acquisition regulations. (15) Manage special bank accounts. (16) Ensure timely notification by the contractor of any anticipated overrun or underrun of the estimated cost under cost-reim…
  • FAR 52.232-16 Progress Payments.
    … principles and practices. (i) Parts, materials, inventories, and work in process; (ii) Special tooling and special test equipment to which the Government is to acquire title; (iii) Nondurable (i.e., noncapital) tools, jigs, dies, fixtur…
  • FAR 32.501-5 Other protective terms.
    …) Personal or corporate guarantees. (b) Subordinations or standbys of indebtedness. (c) Special bank accounts. (d) Protective covenants of the kinds in paragraph (p) of the clause at 52.232-12, Advance Payments. (e) A provision, include…

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.