DFARS 232.470 Advance payment pool
Section Defense Federal Acquisition Regulation Supplement
Facts
- Citation
- DFARS 232.470
- Type
- Section
- Supplements
- FAR Subpart 32.4 Advance Payments for Other Than Commercial Acquisitions
- 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) An advance payment pool agreement—
(1) Is a means of financing the performance of more than one contract held by a single contractor;
(2) Is especially convenient for the financing of cost-type contracts with nonprofit educational or research institutions for experimental or research and development work when several contracts require financing by advance payments. When appropriate, pooled advance payments may also be used to finance other types of contracts held by a single contractor; and
(3) May be established—
(i) Without regard to the number of appropriations involved;
(ii) To finance contracts for one or more department(s) or contracting activity(ies); or
(iii) In addition to any other advance payment pool agreement at a single contractor location when it is more convenient or otherwise preferable to have more than one agreement.
Quick answers
What is DFARS 232.470?
DFARS 232.470 is a section of the Defense Federal Acquisition Regulation Supplement, titled "Advance payment pool".
Are changes to DFARS 232.470 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
On GovTribe
Follow the rules behind federal contracts
- Search Federal Register rules and proposed rules for the FAR, DFARS and agency supplements
- Solicitations, awards and government files in one search
- Ask GovTribe AI about the rules that apply to a contract