FAR 52.242-13 Bankruptcy
Clause Federal Acquisition Regulation Jul 1995 version
Facts
- Citation
- FAR 52.242-13
- Type
- Clause
- Current version
- July 1995
- Prescribed in
- FAR 42.903
- 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 clause.
Text
As prescribed in 42.903 , insert the following clause:
Bankruptcy (July 1995)
In the event the contractor enters into proceedings relating to bankruptcy, whether voluntary or involuntary, the contractor agrees to furnish, by certified mail or electronic commerce method authorized by the contract, written notification of the bankruptcy to the contracting officer responsible for administering the contract. This notification shall be furnished within fivedays of the initiation of the proceedings relating to bankruptcy filing. This notification shall include the date on which the bankruptcy petition was filed, the identity of the court in which the bankruptcy petition was filed, and a listing of government contract numbers and contracting offices for all government contracts against which final payment has not been made. This obligation remains in effect until final payment under this contract.
(End of clause)
Quick answers
What is FAR 52.242-13?
FAR 52.242-13 is a clause of the Federal Acquisition Regulation, titled "Bankruptcy".
What is the current version of FAR 52.242-13?
The current version is dated July 1995.
Where is FAR 52.242-13 prescribed?
It is prescribed in FAR 42.903, Solicitation provision and contract clause.
Are changes to FAR 52.242-13 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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