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e-CFR data is current as of September 22, 2020

Title 48 → Chapter 1 → Subchapter E → Part 32

TITLE 48—Federal Acquisition Regulations System

CHAPTER 1—FEDERAL ACQUISITION REGULATION

SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS

PART 32—CONTRACT FINANCING

rule
32.000
32.000   Scope of part.
32.001
32.001   Definitions.
32.002
32.002   Applicability of subparts.
32.003
32.003   Simplified acquisition procedures financing.
32.004
32.004   Contract performance in foreign countries.
32.005
32.005   Consideration for contract financing.
32.006
32.006   Reduction or suspension of contract payments upon finding of fraud.
32.006-1
32.006-1   General.
32.006-2
32.006-2   Definition.
32.006-3
32.006-3   Responsibilities.
32.006-4
32.006-4   Procedures.
32.006-5
32.006-5   Reporting.
32.007
32.007   Contract financing payments.
32.008
32.008   Notification of overpayment.
32.009
32.009   Providing accelerated payments to small business subcontractors.
32.009-1
32.009-1   General.
32.009-2
32.009-2   Contract clause.

Subpart 32.1—NON-COMMERCIAL ITEM PURCHASE FINANCING

32.100
32.100   Scope of subpart.
32.101
32.101   Authority.
32.102
32.102   Description of contract financing methods.
32.103
32.103   Progress payments under construction contracts.
32.104
32.104   Providing contract financing.
32.105
32.105   Uses of contract financing.
32.106
32.106   Order of preference.
32.107
32.107   Need for contract financing not a deterrent.
32.108
32.108   Financial consultation.
32.109
32.109   Termination financing.
32.110
32.110   Payment of subcontractors under cost-reimbursement prime contracts.
32.111
32.111   Contract clauses for noncommercial purchases.
32.112
32.112   Nonpayment of subcontractors under contracts for noncommercial items.
32.112-1
32.112-1   Subcontractor assertions of nonpayment.
32.112-2
32.112-2   Subcontractor requests for information.
32.113
32.113   Customary contract financing.
32.114
32.114   Unusual contract financing.
rule

Subpart 32.2—COMMERCIAL ITEM PURCHASE FINANCING

32.200
32.200   Scope of subpart.
32.201
32.201   Statutory authority.
32.202
32.202   General.
32.202-1
32.202-1   Policy.
32.202-2
32.202-2   Types of payments for commercial item purchases.
32.202-3
32.202-3   Conducting market research about financing terms.
32.202-4
32.202-4   Security for Government financing.
32.203
32.203   Determining contract financing terms.
32.204
32.204   Procedures for contracting officer-specified commercial contract financing.
32.205
32.205   Procedures for offeror-proposed commercial contract financing.
32.206
32.206   Solicitation provisions and contract clauses.
32.207
32.207   Administration and payment of commercial financing payments.
rule

Subpart 32.3—LOAN GUARANTEES FOR DEFENSE PRODUCTION

32.300
32.300   Scope of subpart.
32.301
32.301   Definitions.
32.302
32.302   Authority.
32.303
32.303   General.
32.304
32.304   Procedures.
32.304-1
32.304-1   Application for guarantee.
32.304-2
32.304-2   Certificate of eligibility.
32.304-3
32.304-3   Asset formula.
32.304-4
32.304-4   Guarantee amount and maturity.
32.304-5
32.304-5   Assignment of claims under contracts.
32.304-6
32.304-6   Other collateral security.
32.304-7
32.304-7   Contract surety bonds and loan guarantees.
32.304-8
32.304-8   Other borrowing.
32.305
32.305   Loan guarantees for terminated contracts.
32.306
32.306   Loan guarantees for subcontracts.
rule

Subpart 32.4—ADVANCE PAYMENTS FOR NON-COMMERCIAL ITEMS

32.400
32.400   Scope of subpart.
32.401
32.401   Statutory authority.
32.402
32.402   General.
32.403
32.403   Applicability.
32.404
32.404   Exclusions.
32.405
32.405   Applying Pub. L. 85-804 to advance payments under sealed bid contracts.
32.406
32.406   Letters of credit.
32.407
32.407   Interest.
32.408
32.408   Application for advance payments.
32.409
32.409   Contracting officer action.
32.409-1
32.409-1   Recommendation for approval.
32.409-2
32.409-2   Recommendation for disapproval.
32.409-3
32.409-3   Security, supervision, and covenants.
32.410
32.410   Findings, determination, and authorization.
32.411
32.411   Agreement for special account at a financial institution.
32.412
32.412   Contract clause.
rule

Subpart 32.5—PROGRESS PAYMENTS BASED ON COSTS

32.500
32.500   Scope of subpart.
32.501
32.501   General.
32.501-1
32.501-1   Customary progress payment rates.
32.501-2
32.501-2   Unusual progress payments.
32.501-3
32.501-3   Contract price.
32.501-4
32.501-4   [Reserved]
32.501-5
32.501-5   Other protective terms.
32.502
32.502   Preaward matters.
32.502-1
32.502-1   Use of customary progress payments.
32.502-2
32.502-2   Contract finance office clearance.
32.502-3
32.502-3   Solicitation provisions.
32.502-4
32.502-4   Contract clauses.
32.503
32.503   Postaward matters.
32.503-1
32.503-1   [Reserved]
32.503-2
32.503-2   Supervision of progress payments.
32.503-3
32.503-3   Initiation of progress payments and review of accounting system.
32.503-4
32.503-4   Approval of progress payment requests.
32.503-5
32.503-5   Administration of progress payments.
32.503-6
32.503-6   Suspension or reduction of payments.
32.503-7
32.503-7   [Reserved]
32.503-8
32.503-8   Liquidation rates—ordinary method.
32.503-9
32.503-9   Liquidation rates—alternate method.
32.503-10
32.503-10   Establishing alternate liquidation rates.
32.503-11
32.503-11   Adjustments for price reduction.
32.503-12
32.503-12   Maximum unliquidated amount.
32.503-13
32.503-13   [Reserved]
32.503-14
32.503-14   Protection of Government title.
32.503-15
32.503-15   Application of Government title terms.
32.503-16
32.503-16   Risk of loss.
32.504
32.504   Subcontracts under prime contracts providing progress payments.
rule

Subpart 32.6—CONTRACT DEBTS

32.600
32.600   Scope of subpart.
32.601
32.601   General.
32.602
32.602   Responsibilities.
32.603
32.603   Debt determination.
32.604
32.604   Demand for payment.
32.605
32.605   Final decisions.
32.606
32.606   Debt collection.
32.607
32.607   Installment payments and deferment of collection.
32.607-1
32.607-1   Installment payments.
32.607-2
32.607-2   Deferment of collection.
32.608
32.608   Interest.
32.608-1
32.608-1   Interest charges.
32.608-2
32.608-2   Interest credits.
32.609
32.609   Delays in receipt of notices or demands.
32.610
32.610   Compromising debts.
32.611
32.611   Contract clause.
rule

Subpart 32.7—CONTRACT FUNDING

32.700
32.700   Scope of subpart.
32.701
32.701   [Reserved]
32.702
32.702   Policy.
32.703
32.703   Contract funding requirements.
32.703-1
32.703-1   General.
32.703-2
32.703-2   Contracts conditioned upon availability of funds.
32.703-3
32.703-3   Contracts crossing fiscal years.
32.704
32.704   Limitation of cost or funds.
32.705
32.705   Unenforceability of unauthorized obligations.
32.706
32.706   Contract clauses.
32.706-1
32.706-1   Clauses for contracting in advance of funds.
32.706-2
32.706-2   Clauses for limitation of cost or funds.
32.706-3
32.706-3   Clause for unenforceability of unauthorized obligations.
rule

Subpart 32.8—ASSIGNMENT OF CLAIMS

32.800
32.800   Scope of subpart.
32.801
32.801   Definitions.
32.802
32.802   Conditions.
32.803
32.803   Policies.
32.804
32.804   Extent of assignee's protection.
32.805
32.805   Procedure.
32.806
32.806   Contract clauses.
rule

Subpart 32.9—PROMPT PAYMENT

32.900
32.900   Scope of subpart.
32.901
32.901   Applicability.
32.902
32.902   Definitions.
32.903
32.903   Responsibilities.
32.904
32.904   Determining payment due dates.
32.905
32.905   Payment documentation and process.
32.906
32.906   Making payments.
32.907
32.907   Interest penalties.
32.908
32.908   Contract clauses.
32.909
32.909   Contractor inquiries.
rule

Subpart 32.10—PERFORMANCE-BASED PAYMENTS

32.1000
32.1000   Scope of subpart.
32.1001
32.1001   Policy.
32.1002
32.1002   Bases for performance-based payments.
32.1003
32.1003   Criteria for use.
32.1004
32.1004   Procedures.
32.1005
32.1005   Solicitation provision and contract clause.
32.1006
32.1006   [Reserved]
32.1007
32.1007   Administration and payment of performance-based payments.
32.1008
32.1008   Suspension or reduction of performance-based payments.
32.1009
32.1009   Title.
32.1010
32.1010   Risk of loss.
rule

Subpart 32.11—ELECTRONIC FUNDS TRANSFER

32.1100
32.1100   Scope of subpart.
32.1101
32.1101   Statutory requirements.
32.1102
32.1102   Definitions.
32.1103
32.1103   Applicability.
32.1104
32.1104   Protection of EFT information.
32.1105
32.1105   Assignment of claims.
32.1106
32.1106   EFT mechanisms.
32.1107
32.1107   Payment information.
32.1108
32.1108   Payment by Governmentwide commercial purchase card.
32.1109
32.1109   EFT information submitted by offerors.
32.1110
32.1110   Solicitation provision and contract clauses.

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