Overview
This section specifies the conditions under which the government may waive the standard requirement for contractors to receive payments via Electronic Funds Transfer (EFT).
Key Rules
- Waiver Authority: Contracting officers have the authority to waive EFT payment requirements for specific types of acquisitions.
- Applicability: Waivers are permitted for acquisitions supporting "unusual and compelling needs" or "emergency acquisitions."
- Regulatory Cross-Reference: This flexibility is governed by the specific exceptions detailed in FAR 32.1103(e).
Practical Implications
- This provision ensures that in crisis environments where banking infrastructure may be unavailable or speed is critical, the government can utilize alternative payment methods (such as checks or cash) to secure necessary supplies and services.