{"data":{"id":"us/48-cfr-32.501-5","jurisdiction":"us","citation":"48 CFR 32.501-5","heading":"32.501-5 Other protective terms.","body":"If the contracting officer considers it necessary for protection of the Government's interest, protective terms such as the following may be used in addition to the Progress Payments clause of the contract:\n(a) Personal or corporate guarantees.\n(b) Subordinations or standbys of indebtedness.\n(c) Special bank accounts.\n(d) Protective covenants of the kinds in paragraph (p) of the clause at 52.232-12, Advance Payments.\n(e) A provision, included in the solicitation and resultant contract when first article testing is required (see subpart 9.3), limiting progress payments on first article work by a stated amount or percentage.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 1—FEDERAL ACQUISITION REGULATION","SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS","PART 32—CONTRACT FINANCING","Subpart 32.5—Progress Payments Based on Costs"],"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":"98820d50e4114eabbf79a0a591d2457c2cadf0d570bb8997a3846fe2f27fc540","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-32.501-4","next":"us/48-cfr-32.502"},"notice":"GroundRules: Original legal text. Not legal advice."}