FAR 42.900 Scope of subpart
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 42.900
- Type
- Section
- 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 and procedures regarding actions to be taken when a contractor enters into proceedings relating to bankruptcy. It establishes a requirement for the contractor to notify the contracting officer upon filing a petition for bankruptcy. It further establishes minimum requirements for agencies to follow in the event of a contractor bankruptcy.
Quick answers
What is FAR 42.900?
FAR 42.900 is a section of the Federal Acquisition Regulation, titled "Scope of subpart".
Are changes to FAR 42.900 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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