Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 1 - Federal Acquisition Regulation |
SubChapter E - General Contracting Requirements |
Part 32 - Contract Financing |
Subpart 32.1 - Non-Commercial Item Purchase Financing |
§ 32.109 - Termination financing.
Latest version.
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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).