48 CFR § 1432.102 - 1432.102 Description of contract financing methods.

---
identifier: "/us/cfr/t48/s1432.102"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 1432.102 - 1432.102   Description of contract financing methods."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "1432.102"
section_name: "1432.102   Description of contract financing methods."
chapter_number: 14
chapter_name: "DEPARTMENT OF THE INTERIOR"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "1432"
part_name: "CONTRACT FINANCING"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 205(c), 63 Stat. 390, 40 U.S.C. 486(c); and 5 U.S.C. 301."
regulatory_source: "75 FR 19829, Apr. 15, 2010, unless otherwise noted."
cfr_part: "1432"
---


# 1432.102 1432.102   Description of contract financing methods.

Use of progress payments based on a percentage or stage of completion are authorized for construction contracts. Progress payments for other than construction, alteration, and repair contracts require the CO to write a determination that:

(a) Payments based on costs would be impracticable; and

(b) Adequate measures exist for determining quality standards and the percentage of work accomplished.