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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50 sections with “loan”: the first 40

  • FAR 32.304-7 Contract surety bonds and loan guarantees.
    …) Contract surety bonds are incompatible with the Government's interests under guaranteed loans, unless the interests of the surety are subordinated to the guaranteed loan. (b) If a substantial share of the contractor's defense contracts a…
  • FAR 32.305 Loan guarantees for terminated contracts.
    (a) The purpose of guaranteed loans; i.e., to provide for financing based on the borrower's recoverable investment in defense production contracts, may also apply to contracts that have been terminated (partially or totally) for the conveni…
  • FAR 32.306 Loan guarantees for subcontracts.
    If the request for a loan guarantee concerns a subcontractor that is financially weak in comparison with its contractor, the Government's interests may be fostered by the contractor making progress payments to the subcontractor. If so, the …
  • FAR 32.301 Definitions.
    …ns a contractor, subcontractor (at any tier), or other supplier who receives a guaranteed loan. Federal Reserve Board means the Board of Governors of the Federal Reserve System. Guaranteed loan or V loan means a loan, revolving credit fun…
  • FAR 32.303 General.
    (a) Section 301 of the Defense Production Act authorizes loan guarantees for contract performance or other operations related to national defense, subject to amounts annually authorized by Congress on the maximum obligation of any guarantee…
  • FAR 32.304-5 Assignment of claims under contracts.
    (a) The agency shall generally require a contractor that is provided a guaranteed loan to execute an assignment of claims under defense production contracts (including any contracts entered into during the term of the guaranteed loan that a…
  • FAR 32.304-8 Other borrowing.
    (a) Because of the limitations under guaranteed loans, some contractors seek to supplement the loan by other borrowing (outside the guarantee) from the financing institution or other sources. It has been recognized in practice that, while p…
  • FAR 32.403 Applicability.
    … financial controls to reduce the Government's financial risk. (f) Contracts for which a loan by a private financial institution is not practicable, whether or not a loan guarantee under this part is issued; for example, if— (1) Financing…
  • FAR 52.203-12 Limitation on Payments to Influence Certain Federal Transactions.
    …(1) Awarding any Federal contract. (2) Making any Federal grant. (3) Making any Federal loan. (4) Entering into any cooperative agreement. (5) Extending, continuing, renewing, amending, or modifying any Federal contract, grant, loan, or…
  • FAR 52.247-66 Returnable Cylinders.
    …r tank car. (b) Returnable cylinders shall remain the Contractor's property but shall be loaned without charge to the Government for a period of __ days [Contracting Officer shall insert number of days] (hereafter referred to as loan perio…
  • FAR 3.801 Definitions.
    …(1) Awarding any Federal contract. (2) Making any Federal grant. (3) Making any Federal loan. (4) Entering into any cooperative agreement. (5) Extending, continuing, renewing, amending, or modifying any Federal contract, grant, loan, or…
  • FAR 52.204-10 Reporting Executive Compensation and First-Tier Subcontract Awards.
    …0 percent or more of its annual gross revenues from Federal contracts (and subcontracts), loans, grants (and subgrants), cooperative agreements, and other forms of Federal financial assistance; and (B) $25,000,000 or more in annual gross r…
  • DFARS 252.242-7004 Material Management and Accounting System.
    … shall maintain and disclose written policies describing the transfer methodology and the loan/pay-back technique. (ii) The costing methodology may be standard or actual cost, or any of the inventory costing methods in 48 CFR 9904.411-50(b…
  • FAR 32.304-2 Certificate of eligibility.
    …ce requests it; (2) Another interested agency requests it; or (3) The application for a loan guarantee relates to a contract or subcontract within the cognizance of the contracting officer. (b) The agency shall evaluate the relevant data…
  • FAR 9.403 Definitions.
    …s are grants, cooperative agreements, scholarships, fellowships, contracts of assistance, loans, loan guarantees, subsidies, insurance, payments for specified use, and donation agreements. See 2 CFR part 180 and agency enacting regulations …
  • FAR 31.205-35 Relocation costs.
    …payments on a residence being sold. (4) Costs incident to furnishing equity or nonequity loans to employees or making arrangements with lenders for employees to obtain lower-than-market rate mortgage loans. (d) If relocation costs for an …
  • FAR 32.105 Uses of contract financing.
    …pansion of contractor-owned facilities or the acquisition of fixed assets. However, under loan guarantees, exceptions may be made for— (1) Facilities expansion of a minor or incidental nature, if a relatively small part of the guaranteed l…
  • FAR 32.106 Order of preference.
    …asonable terms; or (2) From other agencies. (b) Customary contract financing other than loan guarantees and certain advance payments (see 32.113). (c) Loan guarantees. (d) Unusual contract financing (see 32.114). (e) Advance payments (…
  • FAR 32.113 Customary contract financing.
    …ith subpart 32.4. (g) Financing of contracts for supplies or services through guaranteed loans in accordance with subpart 32.3. (h) Financing of contracts for supplies or services through any appropriate combination of advance payments, g…
  • FAR 32.202-4 Security for Government financing.
    …from any prior encumbrances. Prior liens may result from such things as capital equipment loans, installment purchases, working capital loans, various lines of credit, and revolving credit arrangements. (c) Other assets as security. Contra…
  • FAR 32.304-4 Guarantee amount and maturity.
    … the application for, but before authorization of, a guarantee, the agency may adjust the loan guarantee amount or maturity date to meet any significant increase in financing need. (b) If the contractor enters into defense production contr…
  • FAR 32.402 General.
    … other types of financing are reasonably available to the contractor in adequate amounts. Loans and credit at excessive interest rates or other exorbitant charges, or loans from other Government agencies, are not considered reasonably avail…
  • FAR 32.804 Extent of assignee's protection.
    …contract includes a no-setoff commitment, e.g.— (1) When the assignee has neither made a loan under the assignment nor made a commitment to do so; or (2) To the extent that the amount due on the contract exceeds the amount of any loans ma…
  • FAR 52.232-12 Advance Payments.
    …ental authority, except direct obligations of the United States; (6) Make any advance or loan or incur any liability as guarantor, surety, or accommodation endorser for any party; (7) Permit a writ of attachment or any similar process to …
  • DFARS 232.072-3 Cash flow forecasts.
    …unts and timing of cash receipts from lenders or other credit sources, and liquidation of loans; and (8) Estimated amount and timing of cash receipt from other sources. (f) The contracting officer should review the assumptions underlying …
  • FAR 2.101 Definitions.
    …he contractor to a bank, trust company, or other financing institution, as security for a loan to the contractor, of its right to be paid by the Government for contract performance. Assisted acquisition means a type of interagency acquisit…
  • FAR 3.101-2 Solicitation and acceptance of gratuities by Government personnel.
    … may solicit or accept, directly or indirectly, any gratuity, gift, favor, entertainment, loan, or anything of monetary value from anyone who (a) has or is seeking to obtain Government business with the employee's agency, (b) conducts activ…
  • FAR 3.802 Statutory prohibition and requirement.
    (a) 31 U.S.C. 1352 prohibits a recipient of a Federal contract, grant, loan, or cooperative agreement from using appropriated funds to pay any person for influencing or attempting to influence an officer or employee of any agency, a Member …
  • FAR 28.305 Overseas workers' compensation and war-hazard insurance.
    …of 1961 (Pub. L. 87-195) other than (i) contracts approved or financed by the Development Loan Fund (unless the Secretary of Labor, acting upon the recommendation of a department or agency, determines that such contracts should be covered) …
  • FAR 31.205-6 Compensation for personal services.
    … of years during which the contractor contributes the cash used by the trust to repay the loan. (v) When the fair market value of unissued stock or stock of a closely held corporation is not readily determinable, the valuation will be made…
  • FAR 32.000 Scope of part.
    …g partial payments and progress payments based on percentage or stage of completion; (b) Loan guarantees, advance payments, and progress payments based on costs; (c) Administration of debts to the Government arising out of contracts; (d)…
  • FAR 32.002 Applicability of subparts.
    …all purchases subject to part 32: (1) Sections 32.000 through 32.009. (2) Subpart 32.3, Loan Guarantees for Defense Production. (3) Subpart 32.6, Contract Debts. (4) Subpart 32.7, Contract Funding. (5) Subpart 32.8, Assignment of Claim…
  • FAR 32.007 Contract financing payments.
    …prescribe a period shorter than 7 days or longer than 30 days. (b) For advance payments, loans, or other arrangements that do not involve recurrent submission of contract financing requests, the designated payment office will make payment …
  • FAR 32.102 Description of contract financing methods.
    …al payments for a contract termination proposal; or (4) Performance-based payments. (c) Loan guarantees are made by Federal Reserve banks, on behalf of designated guaranteeing agencies, to enable contractors to obtain financing from priva…
  • FAR 32.300 Scope of subpart.
    This subpart prescribes policies and procedures for designated agencies' guarantees of loans made by private financial institutions to borrowers performing contracts related to national defense (see 30.102).
  • FAR 32.302 Authority.
    …n behalf of guaranteeing agencies, as fiscal agents of the United States in the making of loan guarantees for defense production (Section 301, Defense Production Act of 1950 (50 U.S.C. App. 2091)). By Executive Order 10480, August 14, 1953 …
  • FAR 32.304-1 Application for guarantee.
    …perform a contract related to national defense may apply to a financing institution for a loan. If the financing institution is willing to extend credit, but considers a Government guarantee necessary, the institution may apply to the Feder…
  • FAR 32.304-3 Asset formula.
    (a) Under guaranteed loans made primarily for working capital purposes, the agency shall normally limit the guarantee, by use of an asset formula, to an amount that does not exceed a specified percentage (90 percent or less) of the contract…
  • FAR 32.304-6 Other collateral security.
    …ng are examples of other forms of security that, although seldom invoked under guaranteed loans, may be required when considered necessary for protection of the Government interest: (a) Mortgages on fixed assets. (b) Liens against invento…
  • FAR 32.408 Application for advance payments.
    …A description of the contractor's efforts to obtain unguaranteed private financing or a V-loan (see 32.301) under eligible contracts. This requirement is not applicable to the contract types described in 32.403(a) or (b). (6) Other informa…

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.