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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22 sections with “customary contract financing”

  • 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 32.104 Providing contract financing.
    … regulations and paragraph (d) of this section, the contracting officer— (1) May provide customary contract financing in accordance with 32.113; and (2) Must not provide unusual contract financing except as authorized in 32.114. (d) Unle…
  • DFARS 232.104 Providing contract financing.
    …need or the unavailability of private financing, DoD has determined that— (1) The use of customary contract financing (see FAR 32.113), other than loan guarantees and advance payments, is in DoD's best interest; and (2) Further justificat…
  • FAR 32.203 Determining contract financing terms.
    …inancing terms in the solicitation (see 32.204) or permit each offeror to propose its own customary financing terms (see 32.205). When the contracting officer has sufficient information on financing terms that are customary in the commercia…
  • 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 32.110 Payment of subcontractors under cost-reimbursement prime contracts.
    …e following conditions: (a) The payments are made under 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…
  • FAR 32.001 Definitions.
    …ce payments; (ii) Payments for partial deliveries; or (iii) Lease and rental payments. Customary contract financing means that financing deemed by an agency to be available for routine use by contracting officers. Most customary contract…
  • FAR 52.232-16 Progress Payments.
    … is in the form of progress payments, the progress payment rate in the subcontract is the customary rate used by the contracting agency, depending on whether the subcontractor is or is not a small business concern. (7) Concerning any proce…
  • DFARS 215.404-71-3 Contract type risk and working capital adjustment.
    …es is generally the portion not covered by progress payments, i.e., 100 percent minus the customary progress payment rate (see FAR 32.501). For example, if a contractor receives progress payments at 80 percent, the portion that the contract…
  • DFARS 232.206 Solicitation provisions and contract clauses.
    …ket research has established that this form of contract financing is both appropriate and customary in the commercial marketplace. When installment payment financing is used, the contracting officer shall use the ceiling percentage of contr…
  • FAR 12.302 Tailoring of provisions and clauses for the acquisition of commercial products and commercial services.
    …Government contracts; and (7) Unauthorized obligations. (c) Tailoring inconsistent with customary commercial practice. The contracting officer shall not tailor any clause or otherwise include any additional terms or conditions in a solici…
  • FAR 32.206 Solicitation provisions and contract clauses.
    …lifies under the criteria at 32.202-1(b) and installment payments for the item are either customary or are authorized in accordance with agency procedures. (1) Description. Installment payment financing is payment by the Government to a co…
  • FAR 32.504 Subcontracts under prime contracts providing progress payments.
    …ria in 32.1003, or progress payments, provided they meet the criteria in subpart 32.5 for customary progress payments, but not both. Subcontracts for commercial purchases may include commercial product or commercial service purchase financi…
  • FAR 52.232-31 Invitation To Propose Financing Terms.
    … contract; (3) The terms and conditions of the contract financing must be appropriate or customary in the commercial marketplace; and (4) The terms and conditions of the contract financing must be in the best interests of the United State…
  • DFARS 212.301 Solicitation provisions and contract clauses for the acquisition of commercial products and commercial services.
    …AR or DFARS provisions and clauses unless required by the FAR or DFARS or consistent with customary commercial practices (section 874(b)(1)(A), Pub. L. 114-328). (i) Part 203—Improper Business Practices and Personal Conflicts of Interest. …
  • FAR 32.106 Order of preference.
    …o obtain private financing— (1) At unreasonable terms; or (2) From other agencies. (b) Customary contract financing other than loan guarantees and certain advance payments (see 32.113). (c) Loan guarantees. (d) Unusual contract financi…
  • FAR 10.002 Procedures.
    …fications; or (C) Products or services used exclusively for governmental purposes; (ii) Customary practices regarding customizing, modifying or tailoring of products of services to meet customer needs and associated costs; (iii) Customar…
  • FAR 52.245-1 Government Property.
    … 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 Govern…
  • FAR 12.603 Streamlined solicitation for commercial products or commercial services.
    …mined by the contracting officer to be necessary for this acquisition and consistent with customary commercial practices. (xiv) A statement regarding the Defense Priorities and Allocations System (DPAS) and assigned rating, if applicable. …
  • FAR 32.202-1 Policy.
    … acquisition threshold; (3) The contracting officer determines that it is appropriate or customary in the commercial marketplace to make financing payments for the item; (4) Authorizing this form of contract financing is in the best inter…
  • FAR 32.501-2 Unusual progress payments.
    …ion, see 32.502-2. (b) The excess of the unusual progress payment rate approved over the customary progress payment rate should be the lowest amount possible under the circumstances. (c) Progress payments will not be considered unusual me…
  • DFARS 252.232-7006 Wide Area WorkFlow Payment Instructions.
    …nd receiving report document type(s) for fixed price line items for services.) (iii) For customary progress payments based on costs incurred, submit a progress payment request. (iv) For performance based payments, submit a performance bas…

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.