FAR 32.000 Scope of part

Section Federal Acquisition Regulation

Facts

Citation
FAR 32.000
Type
Section
Last amended
86 FR 61017 Effective Dec 6, 2021
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 section.

Text

This part prescribes policies and procedures for contract financing and other payment matters. This part addresses-

(a) Payment methods, including partial payments and progress payments based on percentage or stage of completion;

(b) Loan guarantees, advance payments, and progress payments based on costs;

(c) Administration of debts to the Government arising out of contracts;

(d) Contract funding, including the use of contract clauses limiting costs or funds;

(e) Assignment of claims to aid in private financing;

(f) Selected payment clauses;

(g) Financing of purchases of commercial products and commercial services;

(h) Performance-based payments; and

(i) Electronic funds transfer payments.

Federal Register history

Final rule Published Effective
Federal Acquisition Regulation: Revision of Definition of “Commercial Item” 86 FR 61017 · FAC 2022-01
Federal Acquisition Regulation; Definitions for “Contract Action” and “Contracting Action” 67 FR 13053 · FAC 2001-06

Quick answers

What is FAR 32.000?

FAR 32.000 is a section of the Federal Acquisition Regulation, titled "Scope of part".

When was FAR 32.000 last changed?

The most recent final rule on record is "Federal Acquisition Regulation: Revision of Definition of “Commercial Item”" (86 FR 61017), published Nov 4, 2021 and effective Dec 6, 2021.

Are changes to FAR 32.000 proposed?

No proposed rule from the last 3 years is waiting on a final rule.

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