48 CFR § 232.202-4 - 232.202-4 Security for Government financing.

---
identifier: "/us/cfr/t48/s232.202-4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 232.202-4 - 232.202-4   Security for Government financing."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "232.202-4"
section_name: "232.202-4   Security for Government financing."
chapter_number: 2
chapter_name: "DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "232"
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: "41 U.S.C. 1303 and 48 CFR chapter 1."
regulatory_source: "56 FR 36409, July 31, 1991, unless otherwise noted."
cfr_part: "232"
---


# 232.202-4 232.202-4   Security for Government financing.

(a)(2) When determining whether an offeror's financial condition is adequate security, see 232.072-2 and 232.072-3 for guidance. It should be noted that an offeror's financial condition may be sufficient to make the contractor responsible for award purposes, but may not be adequate security for commercial contract financing.