GroundRules
48 CFR 32.106: 32.106 Order of preference.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 1—FEDERAL ACQUISITION REGULATION
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 32—CONTRACT FINANCING
- Subpart 32.1—Financing for Other Than a Commercial Purchase
The contracting officer must consider the following order of preference when a contractor requests contract financing, unless an exception would be in the Government's best interest in a specific case:
(a) Private financing without Government guarantee. It is not intended, however, that the contracting officer require the contractor to obtain private financing—
(1) At unreasonable terms; or
(2) From other agencies.
(b) Customary contract financing other than loan guarantees and certain advance payments (see 32.113).
(c) Loan guarantees.
(d) Unusual contract financing (see 32.114).
(e) Advance payments (see exceptions in 32.402(b)).
Collected 2026-08-27T02:26:29Z. Source file · JSON