FAR 32.502-1 Use of customary progress payments
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 32.502-1
- Type
- Subsection
- 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 subsection.
Text
The contracting officer may use a Progress Payments clause in solicitations and contracts, in accordance with this subpart. The contracting officer must reject as nonresponsive bids conditioned on progress payments when the solicitation did not provide for progress payments.
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; Progress Payments and Related Financing Policies |
Quick answers
What is FAR 32.502-1?
FAR 32.502-1 is a subsection of the Federal Acquisition Regulation, titled "Use of customary progress payments".
When was FAR 32.502-1 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 32.502-1 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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