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 “third party drafts”

  • FAR 13.305 Imprest funds and third party drafts.
  • DFARS 213.305 Imprest funds and third party drafts.
  • FAR 13.305-2 Agency responsibilities.
    Each agency using imprest funds and third party drafts shall— (a) Periodically review and determine whether there is a continuing need for each fund or third party draft account established, and that amounts of those funds or accounts are …
  • FAR 13.305-4 Procedures.
    (a) Each purchase using imprest funds or third party drafts shall be based upon an authorized purchase requisition, contracting officer verification statement, or other agency approved method of ensuring that adequate funds are available fo…
  • FAR 13.305-3 Conditions for use.
    Imprest funds or third party drafts may be used for purchases when— (a) The imprest fund transaction does not exceed $500 or such other limits as have been approved by the agency head; (b) The third party draft transaction does not exceed…
  • FAR 13.305-1 General.
    Imprest funds and third party drafts may be used to acquire and to pay for supplies or services. Policies and regulations concerning the establishment of and accounting for imprest funds and third party drafts, including the responsibilitie…
  • DFARS 213.305-3 Conditions for use.
    …vities with contracting authority may be granted authority to establish imprest funds and third party draft (accommodation check) accounts. Use of imprest funds and third party drafts must comply with— (A) DoD 7000.14-R, DoD Financial Mana…
  • FAR 13.307 Forms.
    …oucher, or an agency purchase order form may be used for purchases using imprest funds or third party drafts.
  • DFARS 218.201 Contingency operation.
    …quisition threshold if certain conditions are met. See 213.301(3). (5) Imprest funds and third party drafts. Imprest funds are authorized for use without further approval for overseas transactions at or below the micro-purchase threshold i…

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.