FAR 32.106 Order of preference
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 32.106
- Type
- Section
- Last amended
- 65 FR 16276 Effective Mar 27, 2000
- 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
The contracting officer must consider the following order of preference when a contractor requests contract financing, unless an exception would be in the Government’s best interest in a specific case:
(a) Private financing without Government guarantee. It is not intended, however, that the contracting officer require the contractor to obtain private financing-
(1) At unreasonable terms; or
(2) From other agencies.
(b) Customary contract financing other than loan guarantees and certain advance payments (see 32.113).
(c) Loan guarantees.
(d) Unusual contract financing (see 32.114).
(e) Advance payments (see exceptions in 32.402(b)).
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; Progress Payments and Related Financing Policies |
Sections cited
- FAR 32.113 Customary contract financing
- FAR 32.114 Unusual contract financing
- FAR 32.402(b) General
Quick answers
What is FAR 32.106?
FAR 32.106 is a section of the Federal Acquisition Regulation, titled "Order of preference".
When was FAR 32.106 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Progress Payments and Related Financing Policies" (65 FR 16276), published Mar 27, 2000 and effective Mar 27, 2000.
Are changes to FAR 32.106 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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