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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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128 sections with “contract financing”: the first 40

  • FAR 32.005 Consideration for contract financing.
    (a) Requirement. When a contract financing clause is included at the inception of a contract, there shall be no separate consideration for the contract financing clause. The value of the contract financing to the contractor is expected to b…
  • FAR 32.007 Contract financing payments.
    …ocedures or otherwise specified in paragraph (b) of this section, the due date for making contract financing payments by the designated payment office is the 30th day after the designated billing office receives a proper contract financing …
  • FAR 32.102 Description of contract financing methods.
    (a) Advance payments are advances of money by the Government to a prime contractor before, in anticipation of, and for the purpose of complete performance under one or more contracts. They are expected to be liquidated from payments due to …
  • FAR 32.104 Providing contract financing.
    (a) Prudent contract financing can be a useful working tool in Government acquisition by expediting the performance of essential contracts. Contracting officers must consider the criteria in this part in determining whether to include contr…
  • FAR 32.105 Uses of contract financing.
    (a) Contract financing methods covered in this part are intended to be self-liquidating through contract performance. Consequently, agencies shall only use the methods for financing of contractor working capital, not for the expansion of co…
  • FAR 32.107 Need for contract financing not a deterrent.
    (a) If the contractor or offeror meets the standards prescribed for responsible prospective contractors at 9.104, the contracting officer shall not treat the contractor's need for contract financing as a handicap for a contract award; e.g.,…
  • FAR 32.113 Customary contract financing.
    The solicitation must specify the customary contract financing offerors may propose. The following are customary contract financing when provided in accordance with this part and agency regulations: (a) Financing of shipbuilding, or ship c…
  • 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…
  • DFARS 232.007 Contract financing payments.
    (a) DoD policy is to make contract financing payments as quickly as possible. Generally, the contracting officer shall insert the standard due dates of 7 days for progress payments, and 14 days for performance-based payments and interim pay…
  • DFARS 232.104 Providing contract financing.
    For fixed-price contracts with a period of performance in excess of a year that meet the dollar thresholds established in FAR 32.104(d), and for solicitations expected to result in such contracts, in lieu of the requirement at FAR 32.104(d)…
  • FAR 32.114 Unusual contract financing.
    Any contract financing arrangement that deviates from this part is unusual contract financing. Unusual contract financing shall be authorized only after approval by the head of the agency or as provided for in agency regulations.
  • FAR 12.210 Contract financing.
    …ry 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 32.203 Determining contract financing terms.
    When the criteria in 32.202-1(b) are met, the contracting officer may either specify the financing terms in the solicitation (see 32.204) or permit each offeror to propose its own customary financing terms (see 32.205). When the contracting…
  • FAR 53.232 Contract financing (SF 1443).
    SF 1443 (NOV 2021), Contractor's Request for Progress Payment. SF 1443 is prescribed for use in obtaining contractors' requests for progress payments.
  • DFARS 232.102 Description of contract financing methods.
    …)(2) Progress payments based on percentage or stage of completion are authorized only for contracts for construction (as defined in FAR 36.102), shipbuilding, and ship conversion, alteration, or repair. However, percentage or state of compl…
  • FAR 32.202-3 Conducting market research about financing terms.
    Contract financing may be a subject included in the market research conducted in accordance with part 10. If market research for contract financing is conducted, the contracting officer should consider— (a) The extent to which other buyers…
  • FAR 32.202-4 Security for Government financing.
    ….C. 4505 require the Government to obtain adequate security for Government financing. The contracting officer shall specify in the solicitation the type of security the Government will accept. If the Government is willing to accept more tha…
  • FAR 32.206 Solicitation provisions and contract clauses.
    (a) The contract shall contain 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 offic…
  • 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…
  • FAR 32.504 Subcontracts under prime contracts providing progress payments.
    (a) Subcontracts may include either performance-based payments, provided they meet the criteria in 32.1003, or progress payments, provided they meet the criteria in subpart 32.5 for customary progress payments, but not both. Subcontracts fo…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    As 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 c…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …111(a)(7), insert the following clause: Payments Under Time-and-Materials and Labor-Hour Contracts (NOV 2021) The Government will pay the Contractor as follows upon the submission of vouchers approved by the Contracting Officer or the aut…
  • FAR 52.232-26 Prompt Payment for Fixed-Price Architect-Engineer Contracts.
    …2.908(a), insert the following clause: Prompt Payment for Fixed-Price Architect-Engineer Contracts (JAN 2017) Notwithstanding any other payment terms in this contract, the Government will make invoice payments under the terms and conditio…
  • FAR 52.232-27 Prompt Payment for Construction Contracts.
    As prescribed in 32.908(b), insert the following clause: Prompt Payment for Construction Contracts (JAN 2017) Notwithstanding any other payment terms in this contract, the Government will make invoice payments under the terms and conditio…
  • FAR 52.232-29 Terms for Financing of Purchases of Commercial Products and Commercial Services.
    …for Financing of Purchases of Commercial Products and Commercial Services (NOV 2021) (a) Contractor entitlement to financing payments. The Contractor may request, and the Government shall pay, a contract financing payment as specified else…
  • FAR 52.232-31 Invitation To Propose Financing Terms.
    … 2022) (a) The offeror is invited to propose terms under which the Government shall make contract financing payments during contract performance. The financing terms proposed by the offeror shall be a factor in the evaluation of the offero…
  • DFARS 212.301 Solicitation provisions and contract clauses for the acquisition of commercial products and commercial services.
    …7301. (f) The following additional provisions and clauses apply 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 fol…
  • 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…
  • DFARS 252.232-7012 Performance-Based Payments—Whole-Contract Basis.
    …escribed in 232.1005-70(a)(1), use the following clause: PERFORMANCE-BASED PAYMENTS—WHOLE-CONTRACT BASIS (DEC 2022) (a) Performance-based payments shall form the basis for the contract financing payments provided under this contract, and s…
  • FAR 32.004 Contract performance in foreign countries.
    The enforceability of contract provisions for security of Government financing in a foreign jurisdiction is dependent upon local law and procedure. Prior to providing contract financing where foreign jurisdictions may become involved, the c…
  • FAR 32.109 Termination financing.
    To encourage contractors to invest their own funds in performance despite the susceptibility of the contract to termination for the convenience of the Government, the contract financing procedures under this part may be applied to the finan…
  • FAR 32.110 Payment of subcontractors under cost-reimbursement prime contracts.
    If the contractor makes financing payments to a subcontractor under a cost-reimbursement prime contract, the contracting officer should accept the financing payments as reimbursable costs of the prime contract only under the following condi…
  • FAR 32.304-5 Assignment of claims under contracts.
    (a) The agency shall generally require a contractor that is provided a guaranteed loan to execute an assignment of claims under defense production contracts (including any contracts entered into during the term of the guaranteed loan that a…
  • FAR 32.304-7 Contract surety bonds and loan guarantees.
    (a) 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…
  • FAR 32.305 Loan guarantees for terminated contracts.
    …rovide 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 convenience of the Government. Guaranteed loans also m…
  • FAR 42.302 Contract administration functions.
    (a) The contracting officer normally delegates the following contract administration functions to a CAO. The contracting officer may retain any of these functions, except those in paragraphs (a)(5), (a)(9), (a)(11), and (a)(12) of this sect…
  • FAR 42.502 Selecting contracts for postaward orientation.
    …iding whether postaward orientation is necessary and, if so, what form it shall take, the contracting officer shall consider, as a minimum, the— (a) Nature and extent of the preaward survey and any other prior discussions with the contract…
  • FAR 45.402 Title to contractor-acquired property.
    (a) Title vests in the Government for all property acquired or fabricated by the contractor in accordance with the financing provisions or other specific requirements for passage of title in the contract. Under fixed-price type contracts, i…
  • FAR 49.105 Duties of termination contracting officer after issuance of notice of termination.
    …nd the notice of termination, the TCO shall— (1) Direct the action required of the prime contractor; (2) Examine the settlement proposal of the prime contractor and, when appropriate, the settlement proposals of subcontractors; (3) Promp…

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.