U.S. flag
          An official website of the United States Government  Main navigation
  

        

              Data Initiatives
                              Regulations
                                                                        Row 1
                                              FAR FAR
                              Smart Matrix Smart Matrix
                              Chapter 99 (CAS) Chapter 99 (CAS)
                              Row 2
                                              DFARS DFARS
                              DFARSPGI DFARSPGI
                              AFARS AFARS
                              DAFFARS DAFFARS
                              DAFFARS MP DAFFARS MP
                              DARS DARS
                              DLAD DLAD
                              NMCARS NMCARS
                              Row 3
                                              SOFARS SOFARS
                              TRANSFARS TRANSFARS
                              AGAR AGAR
                              AIDAR AIDAR
                              CAR CAR
                              DEAR DEAR
                              DIAR DIAR
                              DOLAR DOLAR
                              Row 4
                                              DOSAR DOSAR
                              DTAR DTAR
                              EDAR EDAR
                              EPAAR EPAAR
                              FEHBAR FEHBAR
                              GSAM/R GSAM/R
                              HHSAR HHSAR
                              HSAR HSAR
                              Row 5
                                              HUDAR HUDAR
                              IAAR IAAR
                              JAR JAR
                              LIFAR LIFAR
                              NFS NFS
                              NRCAR NRCAR
                              TAR TAR
                              VAAR VAAR
                              Tools
                                                                        Archives
                              Smart Matrix
                              Regulations Search
                              Acquisition Regulation Comparator (ARC)
                              Policy Network
                                                                        CAOC
                              CAAC
                              FAR Council
                              ISDC
 Breadcrumb
        Home
                            Regulations
                            CAR
                            PART 1332 - CONTRACT FINANCING
        
                  HTML
CARPart Number: 1332
        
                  

                                
                  
        Commerce Acquisition Regulations
« PreviousNext »
PART 1332 - CONTRACT FINANCING       Authority:                            41 U.S.C. 414; 48 CFR 1.301-1.304.          Source:                            75 FR 10570, Mar. 8, 2010, unless otherwise noted.                                       1332.003 Simplified acquisition procedures financing.                                          1332.006 Reduction or suspension of contract payments under finding of fraud.                                          1332.006-1 General.                                          1332.006-3 Responsibilities.                                          1332.006-4 Procedures.                                          1332.006-5 Reporting.                                          Subpart 1332.1 - Non-Commercial Item Purchase Financing                                                         1332.114 Unusual contract financing.                                                                             Subpart 1332.2 - Commercial Item Purchase Financing                                                         1332.201 Statutory authority.                                                            1332.202 General.                                                            1332.202-1 Policy.                                                                             Subpart 1332.4 - Advance Payments for Non-Commercial Items                                                         1332.402 General.                                                            1332.404 Exclusions.                                                            1332.407 Interest.                                                                             Subpart 1332.5 - Progress Payments Based on Costs                                                         1332.501 General.                                                            1332.501-2 Unusual progress payments.                                                                             Subpart 1332.7 - Contract Funding                                                         1332.702 Policy.                                                            1332.702-70 Forms.                                                                             Subpart 1332.8 - Assignment of Claims                                                         1332.802 Conditions.                                                                             Subpart 1332.9 - Prompt Payment                                                         1332.903 Responsibilities.                                                            1332.906 Making payments.                                                                             Subpart 1332.11 - Electronic Funds Transfer                                                         1332.1108 Payment by Governmentwide commercial purchase card.    **Parent topic:**  SUBCHAPTER E - GENERAL CONTRACTING REQUIREMENTS1332.003 Simplified acquisition procedures financing.       Contract financing may be provided for purchases made under the authority of FAR Part 13. Contract financing shall be made in accordance with FAR Part 32.1332.006 Reduction or suspension of contract payments under finding of fraud.1332.006-1 General.       The designee authorized to exercise the responsibility to reduce or suspend contract payments is set forth in CAM 1301.70.1332.006-3 Responsibilities.       DOC personnel shall immediately report to the Office of Inspector General any apparent or suspected instances where a contractor's request for advance, partial or progress payments is based on fraud in accordance with DAO 207-10, *Inspector General Investigations.*1332.006-4 Procedures.       (a) The Agency Head as described under 1332.006-4 is set forth in CAM 1301.70.          (b) The Office of Inspector General shall perform the function of the Remedy Coordination Official.1332.006-5 Reporting.       In accordance with 41 U.S.C. 255, the head of an agency shall prepare a report for each fiscal year in which a recommendation has been received pursuant to FAR 32.006-4(a).Subpart 1332.1 - Non-Commercial Item Purchase Financing    1332.114 Unusual contract financing.       The designee authorized to approve unusual contract financing arrangements is set forth in CAM 1301.70.Subpart 1332.2 - Commercial Item Purchase Financing    1332.201 Statutory authority.       Payment for commercial items may be made under such terms and conditions as the designee authorized in CAM 1301.70 determines are appropriate or customary in the commercial marketplace and are in the best interest of the United States.1332.202 General.1332.202-1 Policy.       The designee authorized to approve unusual contract financing is set forth in CAM 1301.70.Subpart 1332.4 - Advance Payments for Non-Commercial Items    1332.402 General.       (a) Advanced payment may be authorized for contracts, other than those at FAR 32.403(a) and (b), only if other types of financing are not reasonably available to the contractor in adequate amounts.          (b) The designee authorized to determine when advance payment is in the public interest or facilitates national defense is set forth in CAM 1301.70.1332.404 Exclusions.       Advance payments may be authorized for items listed in FAR 32.404(a).1332.407 Interest.       The designee authorized to approve advance payment without interest is as set forth in CAM 1301.70.Subpart 1332.5 - Progress Payments Based on Costs    1332.501 General.1332.501-2 Unusual progress payments.       The designee authorized to approve a contractor's request for unusual progress payments is set forth in CAM 1301.70.Subpart 1332.7 - Contract Funding    1332.702 Policy.       Contracting officers shall obtain assurances of available funds only from properly authorized designated certifying officers in accordance with Part 4, Section 1110 of the Treasury Financial Manual.1332.702-70 Forms.       Contracting officers must obtain an electronic or hardcopy procurement request form on which the availability of adequate funds have been certified by a designated certifying officer. This form must have the name of the certifying official and the certified available funds, as well as the technical and other specifications of the request, administrative approvals, clearances, and information for processing payment.Subpart 1332.8 - Assignment of Claims    1332.802 Conditions.       The designee authorized to receive the written notice of assignment is set forth in CAM 1301.70.Subpart 1332.9 - Prompt Payment    1332.903 Responsibilities.       The designee authorized to establish Prompt Payment policies and procedures is set forth in CAM 1301.70.1332.906 Making payments.       The designee authorized to allow invoice payments earlier than 7 days prior to the due date as specified in the contract is set forth in CAM 1301.70.Subpart 1332.11 - Electronic Funds Transfer    1332.1108 Payment by Governmentwide commercial purchase card.       Use of the Governmentwide commercial purchase card is subject to the requirements of the FAR, other internal Departmental policies, as well as operating unit policies and procedures related to the purchase card. All purchases made with the purchase card must comply with all procedures and documentation requirements that apply to the procurement action.
« PreviousNext »
FavoriteX

      CAR Parts
            Regulations Car Menu
  

        
      Index
                              1300
                              1301
                              1302
                              1303
                              1304
                              1305
                              1306
                              1307
                              1308
                              1309
                              1311
                              1312
                              1313
                              1314
                              1315
                              1316
                              1317
                              1318
                              1319
                              1322
                              1323
                              1324
                              1325
                              1326
                              1327
                              1328
                              1329
                              1330
                              1331
                              1332
                              1333
                              1334
                              1335
                              1336
                              1337
                              1339
                              1341
                              1342
                              1344
                              1345
                              1346
                              1348
                              1349
                              1350
                              1352
                              1353
                              1370
                              1371
                              1372

      ×
        Data Initiatives
                                                              Regulations
                                                              Tools
                                              Archives
                                                              Smart Matrix
                                                              Regulations Search
                                                              Acquisition Regulation Comparator (ARC)
                                                              Policy Network
                                              CAO.gov
                                                        CAO Home
                                                              Council Member
                                                                    Large Agencies
                                                              Small Agencies
                                                              Council Defining Documents
                                                                    CAOC History
                                                              CAOC Charter
                                                              Civilian Agency Acquisition Council (CAAC)
                                                              Federal Acquisition Regulatory Council
                                                              Interagency Suspension and Debarment Committee (ISDC)
                                                              Search
 ˄ Top Sign up for FAR News

                            Share the FAR
                        Upper Footer Menu
  

        
      Useful Links
                              FAR Resources
                              Training
                              Acquisition Systems
            
                            **Contact Us/FAQs**
                        **Privacy and Security Notice**
                        **Accessibility Aids**
                        **Last Updated 03/29/2024**
 ACQUISITION.GOV
                An official website of the General Services Administration About GSA
                Accessibility support
                FOIA requests
                No FEAR Act data
                Office of the Inspector General
                Performance reports
                Privacy policy Looking for U.S. government information and services?
            Visit USA.gov
 «
    
    Tt