GroundRules
48 CFR 1432.102: 1432.102 Description of contract financing methods.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 14—DEPARTMENT OF THE INTERIOR
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 1432—CONTRACT FINANCING
- Subpart 1432.1—Non-Commercial Item Purchase Financing
Use of progress payments based on a percentage or stage of completion are authorized for construction contracts. Progress payments for other than construction, alteration, and repair contracts require the CO to write a determination that:
(a) Payments based on costs would be impracticable; and
(b) Adequate measures exist for determining quality standards and the percentage of work accomplished.
Collected 2026-08-27T02:26:29Z. Source file · JSON