{"data":{"id":"us/48-cfr-232.072-1","jurisdiction":"us","citation":"48 CFR 232.072-1","heading":"232.072-1 Required financial reviews.","body":"The contracting officer shall perform a financial review when the contracting officer does not otherwise have sufficient information to make a positive determination of financial responsibility. In addition, the contracting officer shall consider performing a financial review—\n(a) Prior to award of a contract, when—\n(1) The contractor is on a list requiring preaward clearance or other special clearance before award;\n(2) The contractor is listed on the Consolidated List of Contractors Indebted to the Government (Hold-Up List), or is otherwise known to be indebted to the Government;\n(3) The contractor may receive Government assets such as contract financing payments or Government property;\n(4) The contractor is experiencing performance difficulties on other work; or\n(5) The contractor is a new company or a new supplier of the item.\n(b) At periodic intervals after award of a contract, when—\n(1) Any of the conditions in paragraphs (a)(2) through (a)(5) of this subsection are applicable; or\n(2) There is any other reason to question the contractor's ability to finance performance and completion of the contract.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE","SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS","PART 232—CONTRACT FINANCING"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"d5e452d05306dc3ae65912fb2b77c920f8f0b2230db151bbb04fa10d12c7c669","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-232.072","next":"us/48-cfr-232.072-2"},"notice":"GroundRules: Original legal text. Not legal advice."}