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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9 sections with “liquidation method”

  • FAR 32.503-9 Liquidation rates—alternate method.
    (a) The liquidation rate determined under 32.503-8 shall apply throughout the period of contract performance unless the contracting officer adjusts the liquidation rate under the alternate method in this 32.503-9. The objective of the alter…
  • FAR 32.503-8 Liquidation rates—ordinary method.
    The Government recoups progress payments through the deduction of liquidations from payments that would otherwise be due to the contractor for completed contract items. To determine the amount of the liquidation, the contracting officer app…
  • FAR 32.206 Solicitation provisions and contract clauses.
    …actor entitlement to those financing payments (see paragraph (c) of this section); (iii) Liquidation of those financing payments by delivery payments (see paragraph (e) of this section); (iv) Security the contractor will provide for finan…
  • FAR 32.1004 Procedures.
    …pective funds accounts. Distribution instructions shall be consistent with the contract's liquidation provisions. (d) Liquidating performance-based finance payments. Performance-based amounts shall be liquidated by deducting a percentage o…
  • FAR 52.232-16 Progress Payments.
    …, and accepted shall not include costs in excess of the contract price of the items. (b) Liquidation. Except as provided in the Termination for Convenience of the Government clause, all progress payments shall be liquidated by deducting fr…
  • FAR 32.501 General.
    …frequency of payment established in the Progress Payments clause, and either the ordinary liquidation method or the alternate method as provided in subsections 32.503-8 and 32.503-9. Any other progress payments are considered unusual, and m…
  • FAR 32.503-12 Maximum unliquidated amount.
    …t is promptly corrected through one or more of the following actions: (1) Increasing the liquidation rate. (2) Reducing the progress payment rate. (3) Suspending progress payments. (b) The excess described in paragraph (a) above is most…
  • FAR 32.202-1 Policy.
    …; and (8) The contracting officer obtains concurrence from the payment office concerning liquidation provisions when required by 32.206(e). (c) Difference from other than commercial financing. Government financing of commercial purchases …
  • FAR 32.202-3 Conducting market research about financing terms.
    …s (see 32.001), as well as the frequency, and amounts or percentages; and (e) Methods of liquidation of contract financing payments and any special or unusual payment terms applicable to delivery payments (see 32.001).

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.