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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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42 sections with “commercial contract financing”: the first 40

  • FAR 32.204 Procedures for contracting officer-specified commercial contract financing.
    The financing terms shall be included in the solicitation. Contract financing shall not be a factor in the evaluation of resulting proposals, and proposals of alternative financing terms shall not be accepted (but see 14.208 and 15.206 conc…
  • FAR 32.205 Procedures for offeror-proposed commercial contract financing.
    (a) Under this procedure, each offeror may propose financing terms. The contracting officer must then determine which offer is in the best interests of the United States. (b) Solicitations. The contracting officer must include in the solic…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    …s prescribed in 12.301(b)(3), insert the following clause: Contract Terms and Conditions—Commercial Products and Commercial Services (NOV 2023) (a) Inspection/Acceptance. The Contractor shall only tender for acceptance those items that co…
  • FAR 52.212-5 Contract Terms and Conditions Required To Implement Statutes or Executive Orders—Commercial Products and Commercial Services.
    …clause: Contract Terms and Conditions Required To Implement Statutes or Executive Orders—Commercial Products and Commercial Services (MAR 2026) (a) The Contractor shall comply with the following Federal Acquisition Regulation (FAR) clause…
  • DFARS 212.301 Solicitation provisions and contract clauses for the acquisition of commercial products and commercial services.
    …ly to DoD solicitations and contracts using FAR part 12 procedures for the acquisition of commercial products and commercial services. If the offeror has completed any of the following provisions listed in this paragraph electronically as p…
  • FAR 52.232-29 Terms for Financing of Purchases of Commercial Products and Commercial Services.
    …cribed in 32.206(b)(2), insert the following clause: Terms for Financing of Purchases of Commercial Products and Commercial Services (NOV 2021) (a) Contractor entitlement to financing payments. The Contractor may request, and the Governme…
  • FAR 12.210 Contract financing.
    Customary market practice for some commercial products and commercial services may include buyer contract financing. The contracting officer may offer Government financing in accordance with the policies and procedures in part 32.
  • FAR 12.302 Tailoring of provisions and clauses for the acquisition of commercial products and commercial services.
    …s established in this subpart are intended to address, to the maximum extent practicable, commercial market practices for a wide range of potential Government acquisitions of commercial products and commercial services. However, because of …
  • FAR 12.603 Streamlined solicitation for commercial products or commercial services.
    …ocedure to reduce the time required to solicit and award contracts for the acquisition of commercial products or commercial services. This procedure combines the synopsis required by 5.203 and the issuance of the solicitation into a single …
  • FAR 32.206 Solicitation provisions and contract clauses.
    …the paragraph entitled “Payment” of the clause at 52.212-4, Contract Terms and Conditions—Commercial Products and Commercial Services. If the contract will provide for contract financing, the contracting officer shall construct a solicitati…
  • FAR 32.504 Subcontracts under prime contracts providing progress payments.
    … criteria in subpart 32.5 for customary progress payments, but not both. Subcontracts for commercial purchases may include commercial product or commercial service purchase financing terms, provided they meet the criteria in 32.202-1. (b) …
  • FAR 52.232-31 Invitation To Propose Financing Terms.
    …ncing terms of the successful offeror and the clause, Terms for Financing of Purchases of Commercial Products and Commercial Services, at Federal Acquisition Regulation (FAR) 52.232-29, shall be incorporated in any resulting contract. (b) …
  • DFARS 232.206 Solicitation provisions and contract clauses.
    (f) Prompt payment for commercial purchase payments. The contracting officer shall incorporate the following standard prompt payment terms for commercial product and commercial service contract financing: (i) Commercial advance payments: T…
  • FAR 32.005 Consideration for contract financing.
    …mance. (c) Interest. Except as provided in subpart 32.4, Advance Payments for Other Than Commercial Acquisitions, the contract shall not provide for any other type of specific charges, such as interest, for contract financing.
  • FAR 32.202-1 Policy.
    …r to provide all resources needed for performance of the contract. Thus, for purchases of commercial products or commercial services, financing of the contract is normally the contractor's responsibility. However, in some markets the provis…
  • FAR 32.202-2 Types of payments for commercial product and commercial service purchases.
    These definitions incorporate the requirements of the statutory commercial financing authority and the implementation of the Prompt Payment Act. Commercial advance payment, as used in this section, means a payment made before any performan…
  • FAR 32.203 Determining contract financing terms.
    …ntracting officer has sufficient information on financing terms that are customary in the commercial marketplace for the item, those terms may be specified in the solicitation.
  • FAR 52.232-30 Installment Payments for Commercial Products and Commercial Services.
    As prescribed in 32.206(g), insert the following clause: Installment Payments for Commercial Products and Commercial Services (NOV 2021) (a) Contractor entitlement to financing payments. The Contractor may request, and the Government shal…
  • FAR 32.207 Administration and payment of commercial financing payments.
    (a) Responsibility. The contracting officer responsible for administration of the contract shall be responsible for review and approval of contract financing requests. (b) Approval of financing requests. Unless otherwise provided in agency…
  • DFARS 232.202-4 Security for Government financing.
    … make the contractor responsible for award purposes, but may not be adequate security for commercial contract financing.
  • FAR 2.101 Definitions.
    …Biobased product means a product determined by the U.S. Department of Agriculture to be a commercial product or industrial product (other than food or feed) that is composed, in whole or in significant part, of biological products, includin…
  • FAR 10.001 Policy.
    …finite-delivery-indefinite-quantity (ID/IQ) contract (e.g., GWACs, MACs) for other than a commercial product or commercial service in excess of the simplified acquisition threshold 10 U.S.C. 3453(c)); and (vi) On an ongoing basis, take adv…
  • FAR 10.002 Procedures.
    … allow conduct of market research. (b) Market research is then conducted to determine if commercial products, commercial services, or nondevelopmental items are available to meet the Government's needs or could be modified to meet the Gove…
  • FAR 32.001 Definitions.
    As used in this part— Commercial interim payment means any payment that is not a commercial advance payment or a delivery payment. These payments are contract financing payments for prompt payment purposes (i.e., not subject to the interes…
  • FAR 32.002 Applicability of subparts.
    …t 32.9, Prompt Payment. (7) Subpart 32.11, Electronic Funds Transfer. (b) Subpart 32.2, Commercial Product and Commercial Service Purchase Financing, is applicable only to purchases of commercial products and commercial services under aut…
  • FAR 32.110 Payment of subcontractors under cost-reimbursement prime contracts.
    …the criteria in subpart 32.5 for customary progress payments based on costs, 32.202-1 for commercial product or commercial service purchase financing, or 32.1003 for performance-based payments, as applicable. (b) If customary progress paym…
  • FAR 32.202-3 Conducting market research about financing terms.
    …financing normally provided; (c) The amount or percentages of any payments equivalent to commercial advance payments (see 32.202-2); (d) The basis for any payments equivalent to commercial interim payments (see 32.001), as well as the fre…
  • FAR 32.202-4 Security for Government financing.
    …curity (see paragraph (c) of the clause at 52.232-29, Terms for Financing of Purchases of Commercial Products and Commercial Services). Assessment of the contractor's financial condition shall consider both net worth and liquidity. If the c…
  • FAR 42.302 Contract administration functions.
    …-owned, HUBZone, and service-disabled veteran-owned small business subcontracting for its commercial products, or, if there is no currently approved plan, assist the contracting officer in evaluating the plans for those products. (54) Assi…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …t costs. (2) If the Contractor furnishes its own materials that meet the definition of a commercial product or commercial service in Federal Acquisition Regulation (FAR) 2.101, the price to be paid for such materials shall not exceed the C…
  • FAR 52.232-16 Progress Payments.
    …ntractor becomes bankrupt or insolvent. (5) If the financing payments are in the form of commercial product or commercial service financing payments, the terms of the subcontract or interdivisional order concerning payments— (i) Are const…
  • FAR 32.601 General.
    …, or 52.232-32(d)(2), Performance—Based Payments, or any contract clause for financing of commercial products or commercial services. (4) Increases to financing payment liquidation rates. (5) Overpayments disclosed by quarterly statements…
  • FAR 52.232-36 Payment by Third Party.
    …e terms of this clause. The third party and, if applicable, the particular Governmentwide commercial purchase card to be used are identified elsewhere in this contract. (2) The Governmentwide commercial purchase card is not authorized as a…
  • DFARS 252.232-7003 Electronic Submission of Payment Requests and Receiving Reports.
    …nancing payments include— (i) Advance payments; (ii) Performance-based payments; (iii) Commercial advance and interim payments; (iv) Progress payments based on cost under the clause at Federal Acquisition Regulation (FAR) 52.232-16, Pro…
  • FAR 32.000 Scope of part.
    …o aid in private financing; (f) Selected payment clauses; (g) Financing of purchases of commercial products and commercial services; (h) Performance-based payments; and (i) Electronic funds transfer payments.
  • FAR 32.100 Scope of subpart.
    …es applicable to contract financing and payment for any purchases other than purchases of commercial products or commercial services in accordance with part 12.
  • FAR 32.1102 Definitions.
    …n necessary for making a payment by EFT through specified EFT mechanisms. Governmentwide commercial purchase card means a card that is similar in nature to a commercial credit card that is used to make financing and delivery payments for s…
  • FAR 52.245-1 Government Property.
    …Administrator prior to implementation of the changes. The Contractor may employ customary commercial practices, voluntary consensus standards, or industry-leading practices and standards that provide effective and efficient Government prope…
  • DFARS 201.402 Policy.
    …rt 231.1, Applicability (contract cost principles); (v) FAR subpart 31.2, Contracts with Commercial Organizations, or DFARS subpart 231.2, Contracts with Commercial Organizations; or (vi) FAR part 32, Contract Financing (except subparts 3…
  • DFARS 252.232-7006 Wide Area WorkFlow Payment Instructions.
    …(iv) For performance based payments, submit a performance based payment request. (v) For commercial financing, submit a commercial financing request. (2) Fast Pay requests are only permitted when Federal Acquisition Regulation (FAR) 52.21…

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.