[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR32.113]

[Page 636]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
              (This book contains chapter 1, parts 1 to 51)

                CHAPTER 1--FEDERAL ACQUISITION REGULATION
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PART 32_CONTRACT FINANCING--Table of Contents
 
           Subpart 32.1_Non-Commercial Item Purchase Financing
 
Sec. 32.113  Customary contract financing.

    The solicitation must specify the customary contract financing 
offerors may propose. The following are customary contract financing 
when provided in accordance with this part and agency regulations:
    (a) Financing of shipbuilding, or ship conversion, alteration, or 
repair, when agency regulations provide for progress payments based on a 
percentage or stage of completion.
    (b) Financing of construction or architect-engineer services 
purchased under the authority of part 36.
    (c) Financing of contracts for supplies or services awarded under 
the sealed bid method of procurement in accordance with part 14 through 
progress payments based on costs in accordance with subpart 32.5.
    (d) Financing of contracts for supplies or services awarded under 
the competitive negotiation method of procurement in accordance with 
part 15, through either progress payments based on costs in accordance 
with subpart 32.5, or performance-based payments in accordance with 
subpart 32.10 (but not both).
    (e) Financing of contracts for supplies or services awarded under a 
sole-source acquisition as defined in 2.101 and using the procedures of 
part 15, through either progress payments based on costs in accordance 
with subpart 32.5, or performance-based payments in accordance with 
subpart 32.10 (but not both).
    (f) Financing of contracts for supplies or services through advance 
payments in accordance with subpart 32.4.
    (g) Financing of contracts for supplies or services through 
guaranteed loans in accordance with subpart 32.3.
    (h) Financing of contracts for supplies or services through any 
appropriate combination of advance payments, guaranteed loans, and 
either performance-based payments or progress payments (but not both) in 
accordance with their respective subparts.

[65 FR 16279, Mar. 27, 2000, as amended at 66 FR 2132, Jan. 10, 2001]