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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5 sections with “defaulting contractor”

  • FAR 49.404 Surety-takeover agreements.
    …not in the best interest of the Government. (d) There may be conflicting demands for the defaulting contractor's assets, including unpaid prior earnings (retained percentages and unpaid progress estimates). Therefore, the surety may includ…
  • FAR 49.402-6 Repurchase against contractor's account.
    …efault when the excess quantity is needed, but excess cost may not be charged against the defaulting contractor for more than the undelivered quantity terminated for default (including variations in quantity permitted by the terminated cont…
  • DFARS 252.245-7005 Management and Reporting of Government Property.
    …rning the property; (B) Repossess, demilitarize, and resell the property, and charge the defaulting Purchaser with all costs incurred by the Contractor. The Contractor shall deduct these costs from the purchase price and refund the balance…
  • FAR 11.501 Policy.
    …hase (see subpart 49.4). Prompt contracting officer action will prevent excessive loss to defaulting contractors and protect the interests of the Government. (d) The head of the agency may reduce or waive the amount of liquidated damages a…
  • FAR 22.604-2 Regulatory exemptions.
    …States, Puerto Rico, and the U.S. Virgin Islands. (3) Purchases against the account of a defaulting contractor where the stipulations of the statute were not included in the defaulted contract. (4) Newspapers, magazines, or periodicals, c…

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.