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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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28 sections with “progress payments based on costs”

  • DFARS 252.232-7016 Notice of Progress Payments or Performance-Based Payments.
    As prescribed in 232.1005-70(c), insert the following provision: Notice of Progress Payments or Performance-Based Payments (APR 2020) (a) The need for customary progress payments in accordance with subpart 32.5 of the Federal Acquisition …
  • FAR 32.503-6 Suspension or reduction of payments.
    (a) General. The Progress Payments clause provides a Government right to reduce or suspend progress payments, or to increase the liquidation rate, under specified conditions. These conditions and actions are discussed in paragraphs (b) thro…
  • FAR 52.232-16 Progress Payments.
    As prescribed in 32.502-4(a), insert the following clause: Progress Payments (NOV 2021) The Government will make progress payments to the Contractor when requested as work progresses, but not more frequently than monthly, in amounts of $2…
  • FAR 32.102 Description of contract financing methods.
    …e of the contracts. Since they are not measured by performance, they differ from partial, progress, or other payments based on the performance or partial performance of a contract. Advance payments may be made to prime contractors for the p…
  • FAR 32.110 Payment of subcontractors under cost-reimbursement prime contracts.
    …g conditions: (a) The payments are made under the criteria in subpart 32.5 for customary progress payments based on costs, 32.202-1 for commercial product or commercial service purchase financing, or 32.1003 for performance-based payments,…
  • FAR 32.113 Customary contract financing.
    …pbuilding, or ship conversion, alteration, or repair, when agency regulations provide for progress payments based on a percentage or stage of completion. (b) Financing of construction or architect-engineer services purchased under the auth…
  • FAR 32.502-4 Contract clauses.
    (a)(1) Insert the clause at 52.232-16, Progress Payments, in— (i) Solicitations that may result in contracts providing for progress payments based on costs; and (ii) Fixed-price contracts under which the Government will provide progress p…
  • DFARS 215.404-71-3 Contract type risk and working capital adjustment.
    …jective for contract type risk. It only applies to fixed-price contracts that provide for progress payments. Though it uses a formula approach, it is not intended to be an exact calculation of the cost of working capital. Its purpose is to …
  • DFARS 252.232-7006 Wide Area WorkFlow Payment Instructions.
    …ng report document type(s) for fixed price line items for services.) (iii) For customary progress payments based on costs incurred, submit a progress payment request. (iv) For performance based payments, submit a performance based payment…
  • FAR 32.503-16 Risk of loss.
    (a) Under the Progress Payments clause, and except for normal spoilage, the contractor bears the risk of loss for Government property under the clause, even though title is vested in the Government, unless the Government has expressly assum…
  • FAR 52.216-5 Price Redetermination—Prospective.
    …) and accepted by the Government (including amounts applied or to be applied to liquidate progress payments). (2) The statement required by subparagraph (1) above need not be submitted for any quarter for which either no costs are to be re…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    …) and accepted by the Government (including amounts applied or to be applied to liquidate progress payments). (2) Notwithstanding any provision of this contract authorizing greater payments, if on any quarterly statement the amount under s…
  • FAR 52.232-12 Advance Payments.
    …nting control over the property on its books and records. (3) If, at any time during the progress of the work on the contract, it becomes necessary to deliver to a third person any items or materials on which the Government has a lien, the…
  • DFARS 253.209-1 Responsible prospective contractors.
    …d awarding cost-reimbursement or incentive type contracts, or contracts which provide for progress payments based on costs or on a percentage or stage of completion. (ii) The factors in section III, Block 20, generally mean— (A) Governmen…
  • FAR 32.500 Scope of subpart.
    …s, solicitation provisions, and contract clauses for providing contract financing through progress payments based on costs. This subpart does not apply to— (a) Payments under cost-reimbursement contracts, but see 32.110 for progress paymen…
  • FAR 52.216-7 Allowable Cost and Payment.
    …Invoicing. (1) The Government will make payments to the Contractor when requested as work progresses, but (except for small business concerns) not more often than once every 2 weeks, in amounts determined to be allowable by the Contracting …
  • FAR 32.000 Scope of part.
    …ayment matters. This part addresses— (a) Payment methods, including partial payments and progress payments based on percentage or stage of completion; (b) Loan guarantees, advance payments, and progress payments based on costs; (c) Admin…
  • FAR 42.302 Contract administration functions.
    …. (13) Review and approve or disapprove the contractor's requests for payments under the progress payments or performance-based payments clauses. (14) Make payments on assigned contracts when prescribed in agency acquisition regulations. …
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    …n subdivision (6)(i) above] (A) the amount of $__________ for all unliquidated partial or progress payments previously made to the Contractor or its assignee and all unliquidated advance payments (with any interest), (B) the amount of $____…
  • FAR 49.603-8 Fixed-price contracts—settlements with subcontractors only.
    …which, together with the amount of $__________ previously paid the Contractor as partial, progress, or advance payments, constitutes payment in full and complete settlement, except as provided in subparagraph (b)(6) below, of the amount due…
  • FAR 32.002 Applicability of subparts.
    …ubpart 32.4, Advance Payments for Other Than Commercial Acquisitions . (3) Subpart 32.5, Progress Payments Based on Costs. (4) Subpart 32.10, Performance-Based Payments.
  • DFARS 209.104-1 General standards.
    (e) For cost-reimbursement or incentive type contracts, or contracts which provide for progress payments based on costs or on a percentage or stage of completion, the prospective contractor's accounting system and related internal controls …
  • DFARS 242.7502 Policy.
    …centive type, time-and-materials, or labor-hour contracts, or contracts which provide for progress payments based on costs or on a percentage or stage of completion, shall maintain an accounting system. (b) The cognizant contracting office…
  • FAR 30.606 Resolving cost impacts.
    …ract cost accumulations; and (B) Adjust interim payment requests (public vouchers and/or progress payments) and final vouchers to reflect the difference between the costs paid using the noncompliant practice and the costs that should have …
  • FAR 32.601 General.
    …ncing 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 Payments, or any contract clause for financing of commercial products or commercial services.…
  • FAR 9.305 Risk.
    …sting. Costs incurred based on this authorization are allocable to the contract for— (a) Progress payments; and (b) Termination settlements if the contract is terminated for the convenience of the Government.
  • FAR 15.407-1 Defective certified cost or pricing data.
    …ctive pricing, the date payment was made to the prime contractor, based on prime contract progress billings or deliveries, which included payments for a completed and accepted subcontract item); and (C) Apply the underpayment interest rate…
  • DFARS 232.072-3 Cash flow forecasts.
    …oduction schedules; (6) Estimated amounts and timing of billings to customers (including progress payments), and customer payments; (7) Estimated amounts and timing of cash receipts from lenders or other credit sources, and liquidation of…

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.