DFARS 232.007 Contract financing payments
Section Defense Federal Acquisition Regulation Supplement
Facts
- Citation
- DFARS 232.007
- Type
- Section
- Supplements
- FAR 32.007 Contract financing payments
- Last amended
- 70 FR 75412 Published Dec 20, 2005
- Text as of
- DFARS Change May 7, 2026
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
(a) DoD policy is to make contract financing payments as quickly as possible. Generally, the contracting officer shall insert the standard due dates of 7 days for progress payments, and 14 days for performance-based payments and interim payments on cost-type contracts, in the appropriate paragraphs of the respective payment clauses. For interim payments on cost-reimbursement contracts for services, see 232.906 (a)(i).
(b) The contracting officer should coordinate contract financing payment terms with offices that will be involved in the payment process to ensure that specified terms can be met. Where justified, the contracting officer may insert a due date greater than, but not less than, the standard. In determining payment terms, consider—
(i) Geographical separation;
(ii) Workload;
(iii) Contractor ability to submit a proper request; and
(iv) Other factors that could affect timing of payment.
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Defense Federal Acquisition Regulation Supplement; Contract Financing | Not on record |
Sections cited
- DFARS 232.906(a)(i) Making payments
Quick answers
What is DFARS 232.007?
DFARS 232.007 is a section of the Defense Federal Acquisition Regulation Supplement, titled "Contract financing payments".
When was DFARS 232.007 last changed?
The most recent final rule on record is "Defense Federal Acquisition Regulation Supplement; Contract Financing" (70 FR 75412), published Dec 20, 2005.
Are changes to DFARS 232.007 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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