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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6 sections with “physically completed”

  • FAR 4.804-4 Physically completed contracts.
    (a) Except as provided in paragraph (b) of this section, a contract is considered to be physically completed when— (1)(i) The contractor has completed the required deliveries and the Government has inspected and accepted the supplies; (ii…
  • FAR 52.216-7 Allowable Cost and Payment.
    …, Certification of Final Indirect Costs). (O) Contract closing information for contracts physically completed in this fiscal year (include contract number, period of performance, contract ceiling amounts, contract fee computations, level o…
  • FAR 2.101 Definitions.
    … contract. Past performance means an offeror's or contractor's performance on active and physically completed contracts (see 4.804-4). Performance-based acquisition (PBA) means an acquisition structured around the results to be achieved a…
  • FAR 42.902 Procedures.
    … impact, identify and review any contracts that have not been closed out, including those physically completed or terminated); (3) Take actions necessary to protect the Government's financial interests and safeguard Government property; an…
  • DFARS 252.242-7004 Material Management and Accounting System.
    …re maintained based on valid and current data; (9) Have adequate controls to ensure that physically commingled inventories that may include material for which costs are charged or allocated to fixed-price, cost-reimbursement, and commercia…
  • FAR 52.245-1 Government Property.
    …e reporting, investigating and securing closure of all loss of Government property cases; physically inventorying all property upon termination or completion of this contract; and disposing of items at the time they are determined to be exc…

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.