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Federal regulations · Through 2026-08-25 · Newer source version available

48 CFR 32.501: 32.501 General.

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Where this section sits in the code
  1. Title 48—Federal Acquisition Regulations System
  2. CHAPTER 1—FEDERAL ACQUISITION REGULATION
  3. SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
  4. PART 32—CONTRACT FINANCING
  5. Subpart 32.5—Progress Payments Based on Costs

Progress payments may be customary or unusual. Customary progress payments are those made under the general guidance in this subpart, using the customary progress payment rate, the cost base, and frequency of payment established in the Progress Payments clause, and either the ordinary liquidation method or the alternate method as provided in subsections 32.503-8 and 32.503-9. Any other progress payments are considered unusual, and may be used only in exceptional cases when authorized in accordance with subsection 32.501-2.

Collected 2026-08-27T02:26:29Z. Source file · JSON

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