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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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32 sections with “discount period”

  • FAR 14.408-3 Prompt payment discounts.
    (a) Prompt payment discounts shall not be considered in the evaluation of bids. However, any discount offered will form a part of the award, and will be taken by the payment center if payment is made within the discount period specified by …
  • FAR 52.232-8 Discounts for Prompt Payment.
    As prescribed in 32.111(b)(1), insert the following clause: Discounts for Prompt Payment (FEB 2002) (a) Discounts for prompt payment will not be considered in the evaluation of offers. However, any offered discount will form a part of the…
  • FAR 32.906 Making payments.
    …n addition to any Government or contract information in describing any payment made. (e) Discounts. When a discount for prompt payment is taken, the designated payment office will make payment to the contractor as close as possible to, but…
  • FAR 32.907 Interest penalties.
    …days after the designated billing office receives a proper invoice. (b) Improperly taken discount. The designated payment office will pay an interest penalty automatically, without request from the contractor, if the Government takes a dis…
  • FAR 16.203-4 Contract clauses.
    …t 52.216-2. (3) If the negotiated unit price reflects a net price after applying a trade discount from a catalog or list price, the contracting officer shall document in the contract file both the catalog or list price and the discount. (T…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    …number and weight of shipment if shipped on Government bill of lading; (vi) Terms of any discount for prompt payment offered; (vii) Name and address of official to whom payment is to be sent; (viii) Name, title, and phone number of perso…
  • FAR 31.205-26 Material costs.
    … (1) Adjust the costs of material for income and other credits, including available trade discounts, refunds, rebates, allowances, and cash discounts, and credits for scrap, salvage, and material returned to vendors; and (2) Credit such in…
  • DFARS 252.215-7010 Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data.
    …into consideration the age, volume, and nature of the transactions (including any related discounts, refunds, rebates, offsets, or other adjustments). Sufficient non-Government sales means relevant sales data that reflects market pricing a…
  • DFARS 252.232-7011 Payments in Support of Emergencies and Contingency Operations.
    …s performed. (v) Shipping and payment terms (e.g., shipment number and date of shipment, discount for prompt payment terms). Bill of lading number and weight of shipment will be shown for shipments on Government bills of lading. (vi) Name…
  • FAR 52.232-25 Prompt payment.
    …s performed. (v) Shipping and payment terms (e.g., shipment number and date of shipment, discount for prompt payment terms). Bill of lading number and weight of shipment will be shown for shipments on Government bills of lading. (vi) Name…
  • FAR 52.232-26 Prompt Payment for Fixed-Price Architect-Engineer Contracts.
    …. (iv) Description of work or services performed. (v) Delivery and payment terms (e.g., discount for prompt payment terms). (vi) Name and address of Contractor official to whom payment is to be sent (must be the same as that in the contr…
  • FAR 52.232-27 Prompt Payment for Construction Contracts.
    …. (iv) Description of work or services performed. (v) Delivery and payment terms (e.g., discount for prompt payment terms). (vi) Name and address of Contractor official to whom payment is to be sent (must be the same as that in the contr…
  • FAR 13.101 General.
    …ents in 52.102 are satisfied; (3) Make maximum effort to obtain trade and prompt payment discounts (see 14.408-3). Prompt payment discounts shall not be considered in the evaluation of quotations; and (4) Use bulk funding to the maximum e…
  • FAR 13.303-3 Preparation of BPAs.
    …rvices furnished. (vi) Quantity, unit price, and extension of each item, less applicable discounts (unit prices and extensions need not be shown when incompatible with the use of automated systems, provided that the invoice is itemized to …
  • FAR 31.205-6 Compensation for personal services.
    … as taxable income to the employees (see 31.205-46(d)). (n) Employee rebate and purchase discount plans. Rebates and purchase discounts, in whatever form, granted to employees on products or services produced by the contractor or affiliate…
  • FAR 32.205 Procedures for offeror-proposed commercial contract financing.
    …proposal-specified contract financing arrangements using as the interest rate the nominal discount rate specified in Appendix C of the Office of Management and Budget (OMB) Circular A-94, “Guidelines and Discount Rates for Benefit-Cost Anal…
  • FAR 52.215-20 Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data.
    …uying office to which the proposal is being submitted. Provide a copy or describe current discount policies and price lists (published or unpublished), e.g., wholesale, original equipment manufacturer, or reseller. Also explain the basis of…
  • FAR 52.215-21 Requirements for Certified Cost or Pricing Data and Data Other Than Certified Cost or Pricing Data—Modifications.
    …uying office to which the proposal is being submitted. Provide a copy or describe current discount policies and price lists (published or unpublished), e.g., wholesale, original equipment manufacturer, or reseller. Also explain the basis of…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    … to securing prompt delivery of satisfactory materials; and (ii) Take all cash and trade discounts, rebates, allowances, credits, salvage, commissions, and other benefits. When unable to take advantage of the benefits, the Contractor shall…
  • FAR 8.404 Use of Federal Supply Schedules.
    …s already negotiated fair and reasonable pricing, ordering activities may seek additional discounts before placing an order (see 8.405-4). (e) The procedures under subpart 33.1 are applicable to the issuance of an order or the establishmen…
  • FAR 8.405-3 Blanket purchase agreements (BPAs).
    …the schedule contractor(s). (4) BPAs shall address the frequency of ordering, invoicing, discounts, requirements (e.g., estimated quantities, work to be performed), delivery locations, and time. (5) When establishing multiple-award BPAs, …
  • FAR 8.406-1 Order placement.
    …. (3) Agency order number. (4) F.o.b. delivery point; i.e., origin or destination. (5) Discount terms. (6) Delivery time or period of performance. (7) Special item number or national stock number. (8) Line item or subline item. (9) A…
  • FAR 13.303-2 Establishment of BPAs.
    … after contacting suppliers to make the necessary arrangements for— (1) Securing maximum discounts; (2) Documenting individual purchase transactions; (3) Periodic billings; and (4) Incorporating other necessary details.
  • FAR 15.404-1 Proposal analysis techniques.
    …itive published price lists, published market prices of commodities, similar indexes, and discount or rebate arrangements. (v) Comparison of proposed prices with independent Government cost estimates. (vi) Comparison of proposed prices wi…
  • FAR 16.001 Definitions.
    …tities to the general public; and (2) Is the net price after applying any standard trade discounts offered by the contractor. Fee-Determining Official (FDO) means the designated Agency official(s) who reviews the recommendations of the Aw…
  • FAR 32.905 Payment documentation and process.
    …s performed. (v) Shipping and payment terms (e.g., shipment number and date of shipment, discount for prompt payment terms). Bill of lading number and weight of shipment will be shown for shipments on Government bills of lading. (vi) Name…
  • FAR 38.101 General.
    … commercial supplies and commercial services in varying quantities while obtaining volume discounts. Indefinite-delivery contracts are awarded using competitive procedures to firms. The firms provide supplies and services at stated prices f…
  • FAR 41.205 Separate contracts.
    …of the following circumstances exist: (1) The Government will obtain lower rates, larger discounts, or more favorable terms and conditions of service; (2) A proposed connection charge, termination liability, or any other facilities charge…
  • FAR 52.212-1 Instructions to Offerors—Commercial Products and Commercial Services.
    … or other documents, if necessary; (5) Terms of any express warranty; (6) Price and any discount terms; (7) “Remit to” address, if different than mailing address; (8) A completed copy of the representations and certifications at Federal…
  • FAR 52.213-4 Terms and Conditions—Simplified Acquisitions (Other Than Commercial Products and Commercial Services).
    …ow are additional clauses that apply: (i) 52.232-1, Payments (APR 1984). (ii) 52.232-8, Discounts for Prompt Payment (FEB 2002). (iii) 52.232-11, Extras (APR 1984). (iv) 52.232-25, Prompt Payment (JAN 2017). (v) 52.232-39, Unenforceabi…
  • DFARS 215.404-1 Proposal analysis techniques.
    …they are regularly maintained and supported by relevant sales data (including any related discounts, refunds, rebates, offsets, or other adjustments). The contracting officer may request that the offeror support differences between the prop…
  • DFARS 252.216-7001 Economic Price Adjustment-Nonstandard Steel Items.
    …o the general public; and (2) The net price after applying any applicable standard trade discounts offered by the Contractor from its catalog, list, or schedule price. (But see Note 6.) Labor index means the average straight time hourly e…

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.