48 CFR 32.109 - 32.109 Termination financing.

Regulations last checked for updates: Feb 10, 2026

Title 48 - Federal Acquisition Regulations System last revised: Jan 28, 2026

View all text of Subpart 32.1 [32.100 - 32.114]

32.109 - 32.109 Termination financing.

To encourage contractors to invest their own funds in performance despite the susceptibility of the contract to termination for the convenience of the Government, the contract financing procedures under this part may be applied to the financing of terminations either in connection with or independently of financing for contract performance (see 49.112-1).

authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

cite as: 48 CFR 32.109