{"data":{"id":"us/48-cfr-32.106","jurisdiction":"us","citation":"48 CFR 32.106","heading":"32.106 Order of preference.","body":"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:\n(a) Private financing without Government guarantee. It is not intended, however, that the contracting officer require the contractor to obtain private financing—\n(1) At unreasonable terms; or\n(2) From other agencies.\n(b) Customary contract financing other than loan guarantees and certain advance payments (see 32.113).\n(c) Loan guarantees.\n(d) Unusual contract financing (see 32.114).\n(e) Advance payments (see exceptions in 32.402(b)).","path":["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"],"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":"fd9e63e16a7562d4a2484cc09131932573861b3e4fd6f3ba788fa2b6dd06bebd","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-32.105","next":"us/48-cfr-32.107"},"notice":"GroundRules: Original legal text. Not legal advice."}