48 CFR 932.102 - 932.102 Description of contract financing methods.

Regulations last checked for updates: Apr 30, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025

View all text of Subpart 932.1 [932.102 - 932.102]

932.102 - 932.102 Description of contract financing methods.

(e)(2) Progress payments based on a percentage or stage of completion may be authorized by the Head of the Contracting Activity when a determination is made that progress payments based on costs cannot be practically employed and that there are adequate safeguards provided for the administration of progress payments based on a percentage or stage of completion.

[61 FR 41708, Aug. 9, 1996]

authority: 42 U.S.C. 7101

source: 49 FR 12011, Mar. 28, 1984, unless otherwise noted.

cite as: 48 CFR 932.102