{"data":{"id":"us/48-cfr-32.110","jurisdiction":"us","citation":"48 CFR 32.110","heading":"32.110 Payment of subcontractors under cost-reimbursement prime contracts.","body":"If the contractor makes financing payments to a subcontractor under a cost-reimbursement prime contract, the contracting officer should accept the financing payments as reimbursable costs of the prime contract only under the following conditions:\n(a) The payments are made under the criteria in subpart 32.5 for customary progress payments based on costs, 32.202-1 for commercial product or commercial service purchase financing, or 32.1003 for performance-based payments, as applicable.\n(b) If customary progress payments are made, the payments do not exceed the progress payment rate in 32.501-1, unless unusual progress payments to the subcontractor have been approved in accordance with 32.501-2.\n(c) If customary progress payments are made, the subcontractor complies with the liquidation principles of 32.503-8, 32.503-9, and 32.503-10.\n(d) If performance-based payments are made, the subcontractor complies with the liquidation principles of 32.1004(d).\n(e) The subcontract contains financing payments terms as prescribed in this part.","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":"89847353f5b1ee8addf37c680fb468b2e13bdd55327ec93b9268a54585a796ee","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-32.109","next":"us/48-cfr-32.111"},"notice":"GroundRules: Original legal text. Not legal advice."}