---
kind: "section"
citation: "48 C.F.R. § 1432.102"
title: "48"
number: "1432.102"
heading: "Description of contract financing methods."
url: "https://uscodex.org/cfr/48/1432.102"
---

# §1432.102. Description of contract financing methods.


Use of progress payments based on a percentage or stage of completion are authorized for construction contracts. Progress payments for other than construction, alteration, and repair contracts require the CO to write a determination that:

- (a) Payments based on costs would be impracticable; and
- (b) **Adequate measures exist for determining quality standards and the percentage of work accomplished.**

## Notes

### Authority

Authority: Sec. 205(c), 63 Stat. 390, 40 U.S.C. 486(c); and 5 U.S.C. 301.

### Source

Source: 75 FR 19829, Apr. 15, 2010, unless otherwise noted.