FAR 32.500 Scope of subpart

Section Federal Acquisition Regulation

Facts

Citation
FAR 32.500
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

This subpart prescribes policies, procedures, forms, solicitation provisions, and contract clauses for providing contract financing through progress payments based on costs. This subpart does not apply to-

(a) Payments under cost-reimbursement contracts, but see 32.110 for progress payments made to subcontractors under cost-reimbursement prime contracts; or

(b) Contracts for construction or for shipbuilding or ship conversion, alteration, or repair, when the contracts provide for progress payments based on a percentage or stage of completion.

Federal Register history

Final rule Published Effective
Federal Acquisition Regulation; Progress Payments and Related Financing Policies 65 FR 16276 · FAC 97-16

Sections cited

  • FAR 32.110 Payment of subcontractors under cost-reimbursement prime contracts

Quick answers

What is FAR 32.500?

FAR 32.500 is a section of the Federal Acquisition Regulation, titled "Scope of subpart".

When was FAR 32.500 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 32.500 proposed?

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

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