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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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97 sections with “contract financing payment”: the first 40

  • 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 …
  • 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…
  • 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 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…
  • 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 32.005 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 32.104 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 32.110 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 32.113 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 32.205 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 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 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 52.216-7 Allowable Cost and Payment.
    … Cost and Payment (AUG 2018) (a) Invoicing. (1) The Government will make payments to the Contractor when requested as work progresses, but (except for small business concerns) not more often than once every 2 weeks, in amounts determined t…
  • FAR 52.232-16 Progress Payments.
    … clause: Progress Payments (NOV 2021) The Government will make progress payments to the Contractor when requested as work progresses, but not more frequently than monthly, in amounts of $2,500 or more approved by the Contracting Officer, …
  • FAR 52.232-25 Prompt payment.
    …wing clause: Prompt Payment (JAN 2017) Notwithstanding any other payment clause in this contract, the Government will make invoice payments under the terms and conditions specified in this clause. The Government considers payment as being…
  • FAR 52.232-28 Invitation To Propose Performance-Based Payments.
    …vites the offeror to propose terms under which the Government will make performance-based contract financing payments during contract performance. The Government will consider performance-based payment financing terms proposed by the offero…
  • 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 52.232-30 Installment Payments for Commercial Products and Commercial Services.
    …se: Installment Payments for 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 installment payment as sp…
  • 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…
  • FAR 52.232-32 Performance-Based Payments.
    …ns on payments. Subject to such other limitations and conditions as are specified in this contract and this clause, the amount of payments and limitations on payments shall be specified in the contract's description of the basis for payment…
  • 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)…
  • DFARS 252.232-7003 Electronic Submission of Payment Requests and Receiving Reports.
    …ment Requests and Receiving Reports (DEC 2018) (a) Definitions. As used in this clause— Contract financing payment means an authorized Government disbursement of monies to a contractor prior to acceptance of supplies or services by the Go…
  • DFARS 252.232-7011 Payments in Support of Emergencies and Contingency Operations.
    …the Federal Acquisition Regulation. (b) Notwithstanding any other payment clause in this contract, the Government will make invoice payments under the terms and conditions specified in this clause. The Government considers payment as being…
  • DFARS 252.232-7013 Performance-Based Payments—Deliverable-Item Basis.
    …erable-Item Basis (DEC 2022) (a) Performance-based payments shall form the basis for the contract financing payments provided under this contract and shall apply to Contract Line Item Number(s) (CLIN(s)) [Contracting Officer insert applica…
  • FAR 32.202-2 Types of payments for commercial product and commercial service purchases.
    …t, as used in this section, means a payment made before any performance of work under the contract. The aggregate of these payments shall not exceed 15 percent of the contract price. These payments are contract financing payments for prompt…
  • 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 32.408 Application for advance payments.
    (a) A contractor may apply for advance payments before or after the award of a contract. (b) The contractor shall submit any advance payment request in writing to the contracting officer and provide the following information: (1) A refere…
  • FAR 32.501-2 Unusual progress payments.
    (a) The contracting officer may provide unusual progress payments only if— (1) The contract necessitates predelivery expenditures that are large in relation to contract price and in relation to the contractor's working capital and credit; …
  • FAR 32.1007 Administration and payment of performance-based payments.
    (a) Responsibility. The contracting officer responsible for administering performance-based payments (see 42.302(a)(13)) for the contract shall review and approve all performance-based payments for that contract. (b) Approval of financing …
  • 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 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.