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

15 sections with “interim payments on cost reimbursement contracts for services”

  • FAR 52.232-7 Payments under Time-and-Materials and Labor-Hour Contracts.
    …es, incurred by the Contractor under the terms of this contract relating to patents. (h) Interim payments on contracts for other than services. (1) Interim payments made prior to the final payment under the contract are contract financing …
  • FAR 32.001 Definitions.
    As used in this part— Commercial interim payment means any payment that 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 interes…
  • FAR 32.905 Payment documentation and process.
    …b) Content of invoices. (1) A proper invoice must include the following items (except for interim payments on cost reimbursement contracts for services): (i) Name and address of the contractor. (ii) Invoice date and invoice number. (Contr…
  • DFARS 232.007 Contract financing payments.
    …due dates of 7 days for progress payments, and 14 days for performance-based payments and interim payments on cost-type contracts, in the appropriate paragraphs of the respective payment clauses. For interim payments on cost-reimbursement c…
  • DFARS 252.242-7005 Contractor business systems.
    …yments, and direct the Contractor, in writing, to withhold 5 percent from its billings on interim cost vouchers on cost-reimbursement, labor-hour, and time-and-materials contracts until the Contracting Officer has determined that the Contra…
  • DFARS 242.7000 Contractor business system deficiencies.
    …242-7005 does not exceed 10 percent of progress payments, performance-based payments, and interim payments under cost-reimbursement, labor-hour, and time-and-materials contracts billed under each of the identified covered contracts. Similar…
  • FAR 52.216-7 Allowable Cost and Payment.
    …ng payments are not subject to the interest penalty provisions of the Prompt Payment Act. Interim payments made prior to the final payment under the contract are contract financing payments, except interim payments if this contract contains…
  • DFARS 252.232-7003 Electronic Submission of Payment Requests and Receiving Reports.
    …e— (i) Advance payments; (ii) Performance-based payments; (iii) Commercial advance and interim payments; (iv) Progress payments based on cost under the clause at Federal Acquisition Regulation (FAR) 52.232-16, Progress Payments; (v) Pr…
  • FAR 49.112-1 Partial payments.
    …actor may request them on the form prescribed in 49.602-4 at any time after submission of interim or final settlement proposals. The Government will process applications for partial payments promptly. A subcontractor shall submit its applic…
  • FAR 42.302 Contract administration functions.
    …orating contractor proposals resulting from these instructions. (6) Negotiate changes to interim billing prices. (7) Negotiate and definitize adjustments to contract prices resulting from exercise of an economic price adjustment clause (s…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    …ent and for which final prices have not been established; (iii) The portion of the total interim profit (used in establishing the initial contract price or agreed to for the purpose of this paragraph (i)) that is in direct proportion to th…
  • DFARS 232.906 Making payments.
    …)(i) Generally, the contracting officer shall insert the standard due date of 14 days for interim payments on cost-reimbursement contracts for services in the clause at FAR 52.232-25, Prompt Payment, when using the clause with its Alternate…
  • FAR 52.232-25 Prompt payment.
    …d in 32.908(c)(3), add the following paragraph (e) to the basic clause: (e) Invoices for interim payments. For interim payments under this cost-reimbursement contract for services— (1) Paragraphs (a)(2), (a)(3), (a)(4)(ii), (a)(4)(iii), a…
  • FAR 32.904 Determining payment due dates.
    …oses of computing late payment interest penalties that may apply, the due date for making interim payments on cost-reimbursement contracts for services is 30 days after the date of receipt of a proper invoice. (f) Food and specified items.…
  • FAR 32.907 Interest penalties.
    …The designated payment office paid the contractor after the due date. (5) In the case of interim payments on cost-reimbursement contracts for services, when payment is made more than 30 days after the designated billing office receives a p…

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.