§32.000. Scope of part.
48 C.F.R. § 32.000
This part prescribes policies and procedures for contract financing and other payment matters. This part addresses—
Payment methods, including partial payments and progress payments based on percentage or stage of completion;
Loan guarantees, advance payments, and progress payments based on costs;
Administration of debts to the Government arising out of contracts;
Contract funding, including the use of contract clauses limiting costs or funds;
Assignment of claims to aid in private financing;
Selected payment clauses;
Financing of purchases of commercial products and commercial services;
Performance-based payments; and
Electronic funds transfer payments.
Notes, amendments, and revision history
Amendments
[48 FR 42328, Sept. 19, 1983, as amended at 60 FR 49710, Sept. 26, 1995; 61 FR 45772, Aug. 29, 1996; 67 FR 13054, Mar. 20, 2002; 86 FR 61029, Nov. 4, 2021]
Authority
Authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42328, Sept. 19, 1983, unless otherwise noted.
Amendments
[48 FR 42328, Sept. 19, 1983, as amended at 60 FR 49710, Sept. 26, 1995; 61 FR 45772, Aug. 29, 1996; 67 FR 13054, Mar. 20, 2002; 86 FR 61029, Nov. 4, 2021]