Part 32 - Contract Financing

• 32.000 Scope of part.

• 32.001 Definitions.

• 32.002 Applicability of subparts.

• 32.003 Simplified acquisition procedures financing.

• 32.004 Contract performance in foreign countries.

• 32.005 Consideration for contract financing.

• 32.006 Reduction or suspension of contract payments upon finding of fraud.

  • 32.006-1 General.

  • 32.006-2 Definition.

  • 32.006-3 Responsibilities.

  • 32.006-4 Procedures.

  • 32.006-5 Reporting.

• 32.007 Contract financing payments.

• 32.008 Notification of overpayment.

• 32.009 Providing accelerated payments to small business contractors and to prime contractors that subcontract with a small business concern.

  • 32.009-1 General.

  • 32.009-2 Contract clause.

• Subpart 32.1 - Financing for Other Than a Commercial Purchase

  • 32.100 Scope of subpart.

  • 32.101 Authority.

  • 32.102 Description of contract financing methods.

  • 32.103 Progress payments under construction contracts.

  • 32.104 Providing contract financing.

  • 32.105 Uses of contract financing.

  • 32.106 Order of preference.

  • 32.107 Need for contract financing not a deterrent.

  • 32.108 Financial consultation.

  • 32.109 Termination financing.

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

  • 32.111 Contract clauses for non-commercial purchases.

  • 32.112 Nonpayment of subcontractors under contracts other than for commercial products and commercial services.

    • 32.112-1 Subcontractor assertions of nonpayment.

    • 32.112-2 Subcontractor requests for information.

  • 32.113 Customary contract financing.

  • 32.114 Unusual contract financing.

• Subpart 32.2 - Commercial Product and Commercial Service Purchase Financing

  • 32.200 Scope of subpart.

  • 32.201 Statutory authority.

  • 32.202 General.

    • 32.202-1 Policy.

    • 32.202-2 Types of payments for commercial product and commercial service purchases.

    • 32.202-3 Conducting market research about financing terms.

    • 32.202-4 Security for Government financing.

  • 32.203 Determining contract financing terms.

  • 32.204 Procedures for contracting officer-specified commercial contract financing.

  • 32.205 Procedures for offeror-proposed commercial contract financing.

  • 32.206 Solicitation provisions and contract clauses.

  • 32.207 Administration and payment of commercial financing payments.

• Subpart 32.3 - Loan Guarantees for Defense Production

  • 32.300 Scope of subpart.

  • 32.301 Definitions.

  • 32.302 Authority.

  • 32.303 General.

  • 32.304 Procedures.

    • 32.304-1 Application for guarantee.

    • 32.304-2 Certificate of eligibility.

    • 32.304-3 Asset formula.

    • 32.304-4 Guarantee amount and maturity.

    • 32.304-5 Assignment of claims under contracts.

    • 32.304-6 Other collateral security.

    • 32.304-7 Contract surety bonds and loan guarantees.

    • 32.304-8 Other borrowing.

  • 32.305 Loan guarantees for terminated contracts.

  • 32.306 Loan guarantees for subcontracts.

• Subpart 32.4 - Advance Payments for Other Than Commercial Acquisitions

  • 32.400 Scope of subpart.

  • 32.401 Statutory authority.

  • 32.402 General.

  • 32.403 Applicability.

  • 32.404 Exclusions.

  • 32.405 Applying Pub.L.85-804 to advance payments under sealed bid contracts.

  • 32.406 Letters of credit.

  • 32.407 Interest.

  • 32.408 Application for advance payments.

  • 32.409 Contracting officer action.

    • 32.409-1 Recommendation for approval.

    • 32.409-2 Recommendation for disapproval.

    • 32.409-3 Security, supervision, and covenants.

  • 32.410 Findings, determination, and authorization.

  • 32.411 Agreement for special account at a financial institution.

  • 32.412 Contract clause.

• Subpart 32.5 - Progress Payments Based on Costs

  • 32.500 Scope of subpart.

  • 32.501 General.

    • 32.501-1 Customary progress payment rates.

    • 32.501-2 Unusual progress payments.

    • 32.501-3 Contract price.

    • 32.501-4 [Reserved]

    • 32.501-5 Other protective terms.

  • 32.502 Preaward matters.

    • 32.502-1 Use of customary progress payments.

    • 32.502-2 Contract finance office clearance.

    • 32.502-3 Solicitation provisions.

    • 32.502-4 Contract clauses.

  • 32.503 Postaward matters.

    • 32.503-1 [Reserved]

    • 32.503-2 Supervision of progress payments.

    • 32.503-3 Initiation of progress payments and review of accounting system.

    • 32.503-4 Approval of progress payment requests.

    • 32.503-5 Administration of progress payments.

    • 32.503-6 Suspension or reduction of payments.

    • 32.503-7 [Reserved]

    • 32.503-8 Liquidation rates-ordinary method.

    • 32.503-9 Liquidation rates-alternate method.

    • 32.503-10 Establishing alternate liquidation rates.

    • 32.503-11 Adjustments for price reduction.

    • 32.503-12 Maximum unliquidated amount.

    • 32.503-13 [Reserved]

    • 32.503-14 Protection of Government title.

    • 32.503-15 Application of Government title terms.

    • 32.503-16 Risk of loss.

  • 32.504 Subcontracts under prime contracts providing progress payments.

• Subpart 32.6 - Contract Debts

  • 32.600 Scope of subpart.

  • 32.601 General.

  • 32.602 Responsibilities.

  • 32.603 Debt determination.

  • 32.604 Demand for payment.

  • 32.605 Final decisions.

  • 32.606 Debt collection.

  • 32.607 Installment payments and deferment of collection.

    • 32.607-1 Installment payments.

    • 32.607-2 Deferment of collection.

  • 32.608 Interest.

    • 32.608-1 Interest charges.

    • 32.608-2 Interest credits.

  • 32.609 Delays in receipt of notices or demands.

  • 32.610 Compromising debts.

  • 32.611 Contract clause.

• Subpart 32.7 - Contract Funding

  • 32.700 Scope of subpart.

  • 32.701 [Reserved]

  • 32.702 Policy.

  • 32.703 Contract funding requirements.

    • 32.703-1 General.

    • 32.703-2 Contracts conditioned upon availability of funds.

    • 32.703-3 Contracts crossing fiscal years.

  • 32.704 Limitation of cost or funds.

  • 32.705 Unenforceability of Unauthorized Obligations.

  • 32.706 Contract clauses.

    • 32.706-1 Clauses for contracting in advance of funds.

    • 32.706-2 Clauses for limitation of cost or funds.

    • 32.706-3 Clause for unenforceability of unauthorized obligations.

• Subpart 32.8 - Assignment of Claims

  • 32.800 Scope of subpart.

  • 32.801 Definitions.

  • 32.802 Conditions.

  • 32.803 Policies.

  • 32.804 Extent of assignee’s protection.

  • 32.805 Procedure.

  • 32.806 Contract clauses.

• Subpart 32.9 - Prompt Payment

  • 32.900 Scope of subpart.

  • 32.901 Applicability.

  • 32.902 Definitions.

  • 32.903 Responsibilities.

  • 32.904 Determining payment due dates.

  • 32.905 Payment documentation and process.

  • 32.906 Making payments.

  • 32.907 Interest penalties.

  • 32.908 Contract clauses.

  • 32.909 Contractor inquiries.

• Subpart 32.10 - Performance-Based Payments

  • 32.1000 Scope of subpart.

  • 32.1001 Policy.

  • 32.1002 Bases for performance-based payments.

  • 32.1003 Criteria for use.

  • 32.1004 Procedures.

  • 32.1005 Solicitation provision and contract clause.

  • 32.1006 [Reserved]

  • 32.1007 Administration and payment of performance-based payments.

  • 32.1008 Suspension or reduction of performance-based payments.

  • 32.1009 Title.

  • 32.1010 Risk of loss.

• Subpart 32.11 - Electronic Funds Transfer

  • 32.1100 Scope of subpart.

  • 32.1101 Statutory requirements.

  • 32.1102 Definitions.

  • 32.1103 Applicability.

  • 32.1104 Protection of EFT information.

  • 32.1105 Assignment of claims.

  • 32.1106 EFT mechanisms.

  • 32.1107 Payment information.

  • 32.1108 Payment by Governmentwide commercial purchase card.

  • 32.1109 EFT information submitted by offerors.

  • 32.1110 Solicitation provision and contract clauses.