FAR 13.305-3 Conditions for use
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 13.305-3
- Type
- Subsection
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
Imprest funds or third party drafts may be used for purchases when-
(a) The imprest fund transaction does not exceed $500 or such other limits as have been approved by the agency head;
(b) The third party draft transaction does not exceed $2,500, unless authorized at a higher level in accordance with Treasury restrictions;
(c) The use of imprest funds or third party drafts is considered to be advantageous to the Government; and
(d) The use of imprest funds or third party drafts for the transaction otherwise complies with any additional conditions established by agencies and with the policies and regulations referenced in 13.305-1.
Sections cited
- FAR 13.305-1 General
Quick answers
What is FAR 13.305-3?
FAR 13.305-3 is a subsection of the Federal Acquisition Regulation, titled "Conditions for use".
Are changes to FAR 13.305-3 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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