48 CFR · Federal Acquisition Regulation and Defense supplement

FAR and DFARS navigator

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.

Ask the FAR

Try: · · ·

Clear

8 sections with “disposal credits”

  • FAR 49.203 Adjustment for loss.
    …aid more than the total of the amounts in subparagraphs (1), (2), and (3) below, less all disposal credits and all unliquidated advance and progress payments previously made under the contract: (1) The amount negotiated or determined for s…
  • FAR 49.603-1 Fixed-price contracts—complete termination.
    …ments (with any interest) and (B) the amount of $____________ for all applicable property disposal credits [insert if appropriate, “and (C) the amount of $____________ for all other amounts due the Government under this contract, except as …
  • FAR 49.603-2 Fixed-price contracts—partial termination.
    …d portion of the contract and (B) the amount of $____________ for all applicable property disposal credits. (ii) The net settlement of $____________ in subdivision (i) above, together with sums previously paid, constitutes payment in full …
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    …nce payments (with any interest), (B) the amount of $________ for all applicable property disposal credits [insert if appropriate, “and (C) the amount of $__________ for all other amounts due the Government under this contract, except as pr…
  • FAR 49.606 Granting subcontract settlement authorization.
    …vered under the subcontract or purchase order, as these require screening and approval of disposal actions by the Government, except that allocable completed articles may be disposed of without Government approval or screening if the total …
  • FAR 49.206-2 Bases for settlement proposals.
    …ete the gross settlement proposal. All unliquidated advance and progress payments and all disposal and other credits known when the proposal is submitted must then be deducted. (3) This inventory basis is also appropriate for use under the…
  • FAR 49.002 Applicability.
    … for the settlement of subcontractor settlement proposals. Credits for retention or other disposal of termination inventory and amounts for advance or partial payments shall not be deducted.
  • FAR 49.207 Limitation on settlements.
    The total amount payable to the contractor for a settlement, before deducting disposal or other credits and exclusive of settlement costs, must not exceed the contract price less payments otherwise made or to be made under the contract.

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.