---
kind: "section"
citation: "48 C.F.R. § 42.900"
title: "48"
number: "42.900"
heading: "Scope of subpart."
url: "https://uscodex.org/cfr/48/42.900"
---

# §42.900. Scope of subpart.


This subpart prescribes policies and procedures regarding actions to be taken when a contractor enters into proceedings relating to bankruptcy. It establishes a requirement for the contractor to notify the contracting officer upon filing a petition for bankruptcy. It further establishes minimum requirements for agencies to follow in the event of a contractor bankruptcy.


## Notes

### Source

Source: 56 FR 15154, Apr. 15, 1991, unless otherwise noted.

### 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 42370, Sept. 19, 1983, unless otherwise noted.