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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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87 sections with “financing payments”: the first 40

  • FAR 32.007 Contract financing payments.
    …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 request. …
  • FAR 32.207 Administration and payment of commercial financing payments.
    …r 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 regulations, or by agreement with the appropriate payment…
  • 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.
    …s incurred by the contractor as work progresses under the contract. This form of contract financing does not include— (1) Payments based on the percentage or stage of completion accomplished; (2) Payments for partial deliveries accepted b…
  • 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.
    … 3805and 41 U.S.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 …
  • 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 32.504 Subcontracts under prime contracts providing progress payments.
    …ts for commercial purchases may include commercial product or commercial service purchase financing terms, provided they meet the criteria in 32.202-1. (b) The contractor's requests for progress payments may include the full amount of comm…
  • FAR 52.232-16 Progress Payments.
    … Contractor's total costs incurred under this contract whether or not actually paid, plus financing payments to subcontractors (see paragraph (j) of this clause), less the sum of all previous progress payments made by the Government under t…
  • FAR 52.232-28 Invitation To Propose Performance-Based Payments.
    … 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 offeror in the …
  • FAR 52.232-29 Terms for Financing of Purchases of Commercial Products and Commercial Services.
    As prescribed in 32.206(b)(2), insert the following clause: Terms for Financing of Purchases of Commercial Products and Commercial Services (NOV 2021) (a) Contractor entitlement to financing payments. The Contractor may request, and the G…
  • FAR 52.232-30 Installment Payments for Commercial Products and Commercial Services.
    …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 specified in this contract w…
  • FAR 52.232-31 Invitation To Propose Financing Terms.
    …rescribed in 32.205(b) and 32.206, insert the following provision: Invitation To Propose Financing Terms (DEC 2022) (a) The offeror is invited to propose terms under which the Government shall make contract financing payments during contr…
  • DFARS 252.232-7011 Payments in Support of Emergencies and Contingency Operations.
    …discounts if the payment is made within the discount terms of the contract. (4) Contract financing payment. If this contract provides for contract financing, the Government will make contract financing payments in accordance with the appli…
  • DFARS 252.232-7012 Performance-Based Payments—Whole-Contract Basis.
    …CT BASIS (DEC 2022) (a) Performance-based payments shall form the basis for the contract financing payments provided under this contract, and shall apply to the whole contract. The performance-based payments schedule (Contract Attachment _…
  • DFARS 252.232-7013 Performance-Based Payments—Deliverable-Item Basis.
    …em 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 applicable CLIN(…
  • 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 32.113 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 52.216-26 Payments of Allowable Costs Before Definitization.
    … contract at the following rates: (1) One hundred percent of approved costs representing financing payments to subcontractors under fixed-price subcontracts, provided that the Government's payments to the Contractor will not exceed 80 perc…
  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …ces. (1) Interim payments made prior to the final payment under the contract are contract financing payments. Contract financing payments are not subject to the interest penalty provisions of the Prompt Payment Act. (2) The designated paym…
  • FAR 32.001 Definitions.
    …at is not a commercial advance payment or a delivery payment. These payments are contract financing payments for prompt payment purposes (i.e., not subject to the interest penalty provisions of the Prompt Payment Act in accordance with subp…
  • FAR 32.202-1 Policy.
    (a) Use of financing in contracts. It is the responsibility of the contractor to provide all resources needed for performance of the contract. Thus, for purchases of commercial products or commercial services, financing of the contract is n…
  • FAR 32.202-2 Types of payments for commercial product and commercial service purchases.
    These definitions incorporate the requirements of the statutory commercial financing authority and the implementation of the Prompt Payment Act. Commercial advance payment, as used in this section, means a payment made before any performan…
  • FAR 32.206 Solicitation provisions and contract clauses.
    …ns—Commercial Products and Commercial Services. If the contract will provide for contract financing, the contracting officer shall construct a solicitation provision and contract clause. This solicitation provision shall be constructed in a…
  • FAR 32.1004 Procedures.
    …ntract or on a deliverable item basis, unless otherwise prescribed by agency regulations. Financing payments to be made on a whole contract basis are applicable to the entire contract, and not to specific deliverable items. Financing paymen…
  • FAR 52.216-7 Allowable Cost and Payment.
    … by a statement of the claimed allowable cost for performing this contract. (2) Contract financing payments are not subject to the interest penalty provisions of the Prompt Payment Act. Interim payments made prior to the final payment unde…
  • FAR 52.232-25 Prompt payment.
    …(e.g., payments under utility contracts subject to tariffs and regulation). (b) Contract financing payment. If this contract provides for contract financing, the Government will make contract financing payments in accordance with the appli…
  • FAR 52.232-26 Prompt Payment for Fixed-Price Architect-Engineer Contracts.
    …(e.g., payments under utility contracts subject to tariffs and regulation). (b) Contract financing payments. If this contract provides for contract financing, the Government will make contract financing payments in accordance with the appl…
  • FAR 52.232-27 Prompt Payment for Construction Contracts.
    …d, provided such date is no later than the 40th day after payment was made. (b) Contract financing payments. If this contract provides for contract financing, the Government will make contract financing payments in accordance with the appl…
  • DFARS 252.232-7003 Electronic Submission of Payment Requests and Receiving Reports.
    …ests 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 Government.…
  • 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 32.601 General.
    …ntracts. (2) Price or cost reductions for defective certified cost or pricing data. (3) Financing payments determined to be in excess of the contract limitations at 52.232-16(a)(7), Progress Payments, or 52.232-32(d)(2), Performance—Based…
  • FAR 32.106 Order of preference.
    …ficer must consider the following order of preference when a contractor requests contract financing, unless an exception would be in the Government's best interest in a specific case: (a) Private financing without Government guarantee. It …
  • FAR 32.1001 Policy.
    (a) Performance-based payments are the preferred Government financing method when the contracting officer finds them practical, and the contractor agrees to their use. (b) Performance-based payments are contract financing payments that are…
  • FAR 52.232-32 Performance-Based Payments.
    …s being payable. (2) A payment under this performance-based payment clause is a contract financing payment under the Prompt Payment clause of this contract and not subject to the interest penalty provisions of the Prompt Payment Act. The d…
  • DFARS 232.104 Providing contract financing.
    … for the contractor to demonstrate actual financial 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…
  • DFARS 232.206 Solicitation provisions and contract clauses.
    …wing standard prompt payment terms for commercial product and commercial service contract financing: (i) Commercial advance payments: The contractor entitlement date specified in the contract, or 30 days after receipt by the designated bil…
  • DFARS 232.1004 Procedures.
    …prescribed in this part, when considering both types of payment methods. Only one type of financing will be included in the resultant contract, except as may be authorized on separate orders subject to FAR 32.1003(c)). (ii) The contracting…
  • FAR 3.1003 Requirements.
    …uire that, if the contractor becomes aware that the Government has overpaid on a contract financing or invoice payment, the contractor shall remit the overpayment amount to the Government. A contractor may be suspended and/or debarred for k…

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.