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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14 sections with “contract debts”

  • FAR 49.402-6 Repurchase against contractor's account.
    (a) When the supplies or services are still required after termination, the contracting officer shall repurchase the same or similar supplies or services against the contractor's account as soon as practicable. The contracting officer shall…
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    [Insert the following in Block 14 of SF 30 for settlement of cost-reimbursement contracts that are completely terminated, if settlement includes costs.] (a) This supplemental agreement settles the settlement proposal resulting from the Not…
  • FAR 32.601 General.
    (a) Contract debts are amounts that— (1) Have been paid to a contractor to which the contractor is not currently entitled under the terms and conditions of the contract; or (2) Are otherwise due from the contractor under the terms and con…
  • FAR 32.602 Responsibilities.
    (a) The contracting officer has primary responsibility for identifying and demanding payment of contract debts except those resulting from errors made by the payment office. The contracting officer shall not collect contract debts or otherw…
  • FAR 32.604 Demand for payment.
    (a) Except as provided in paragraph (c) of this section, the contracting officer shall take the following actions: (1) Issue the demand for payment as soon as the contracting officer has determined that an actual debt is due the Government…
  • DFARS 232.602 Responsibilities.
    (b) Disbursing officers are those officials designated to make payments under a contract or to receive payments of amounts due under a contract. The disbursing officer is responsible for determining the amount and collecting contract debts …
  • FAR 13.401 General.
    (a) The fast payment procedure allows payment under limited conditions to a contractor prior to the Government's verification that supplies have been received and accepted. The procedure provides for payment for supplies based on the contra…
  • FAR 49.101 Authorities and responsibilities.
    (a) The termination clauses or other contract clauses authorize contracting officers to terminate contracts for convenience, or for default, and to enter into settlement agreements under this regulation. (b) The contracting officer shall t…
  • FAR 49.404 Surety-takeover agreements.
    …e procedures in this section apply primarily, but not solely, to fixed-price construction contracts terminated for default. (b) Since the surety is liable for damages resulting from the contractor's default, the surety has certain rights a…
  • FAR 32.000 Scope of part.
    This part prescribes policies and procedures for contract financing and other payment matters. This part addresses— (a) Payment methods, including partial payments and progress payments based on percentage or stage of completion; (b) Loan…
  • FAR 32.002 Applicability of subparts.
    …ugh 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 Claims. (6) Subpart 32.9, Prompt Payment. (7) Subpart 32.11, E…
  • FAR 32.610 Compromising debts.
    …FR part 902) and agency regulations. Unless specifically authorized by agency procedures, contracting officers cannot compromise debts.
  • DFARS 232.610 Compromising debts.
    Only the department/agency contract financing offices (see PGI 232.070(c)) are authorized to compromise debts covered by this subpart. 232.617
  • FAR 32.600 Scope of subpart.
    …escribes policies and procedures for identifying, collecting, and deferring collection of contract debts (including interest, if applicable). Sections 32.607, 32.608, and 32.610 of this subpart do not apply to claims against common carriers…

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.