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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12 sections with “bankruptcy”

  • FAR 52.242-13 Bankruptcy.
    As prescribed in 42.903, insert the following clause: Bankruptcy (JUL 1995) In the event the Contractor enters into proceedings relating to bankruptcy, whether voluntary or involuntary, the Contractor agrees to furnish, by certified mail …
  • DFARS 232.671 Bankruptcy reporting.
    Follow the procedures at PGI 232.671 for bankruptcy reporting.
  • FAR 52.232-12 Advance Payments.
    …Contractor's property, or the institution of proceedings by or against the Contractor for bankruptcy, reorganization, arrangement, or liquidation. (iv) The service of any writ of attachment, levy of execution, or commencement of garnishmen…
  • FAR 42.900 Scope of subpart.
    …dures regarding actions to be taken when a contractor enters into proceedings relating to bankruptcy. It establishes a requirement for the contractor to notify the contracting officer upon filing a petition for bankruptcy. It further establ…
  • FAR 42.902 Procedures.
    (a) When notified of bankruptcy proceedings, agencies shall, as a minimum— (1) Furnish the notice of bankruptcy to legal counsel and other appropriate agency offices (e.g., contracting, financial, property) and affected buying activities; …
  • FAR 9.406-2 Causes for debarment.
    … taxpayer is not currently required to make full payment. (4) The taxpayer has filed for bankruptcy protection. The taxpayer is not delinquent because enforced collection action is stayed under 11 U.S.C. 362 (the Bankruptcy Code). (vi) Kn…
  • FAR 52.209-5 Certification Regarding Responsibility Matters.
    …taxpayer is not currently required to make full payment. (iv) The taxpayer has filed for bankruptcy protection. The taxpayer is not delinquent because enforced collection action is stayed under 11 U.S.C. 362 (the Bankruptcy Code). (ii) Th…
  • FAR 52.212-3 Offeror Representations and Certifications—Commercial Products and Commercial Services.
    … taxpayer is not currently required to make full payment. (D) The taxpayer has filed for bankruptcy protection. The taxpayer is not delinquent because enforced collection action is stayed under 11 U.S.C. 362 (the Bankruptcy Code). (i) Cer…
  • FAR 32.303 General.
    …loan guarantee amounts and the use of loan guarantees for the prevention of insolvency or bankruptcy.) (b) The guarantee shall be for less than 100 percent of the loan unless the agency determines that— (1) The circumstances are exception…
  • FAR 32.607-2 Deferment of collection.
    …erment agreement and accelerate the maturity of the debt if the contractor defaults or if bankruptcy or insolvency proceedings are instituted by or against the contractor. (7) Protective requirements that are considered by the Government t…
  • FAR 42.901 General.
    …tration office shall take prompt action to determine the potential impact of a contractor bankruptcy on the Government in order to protect the interests of the Government.
  • FAR 42.903 Solicitation provision and contract clause.
    The contracting officer shall insert the clause at 52.242-13, Bankruptcy, in all solicitations and contracts exceeding the simplified acquisition threshold.

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.