Overview
This section defines the applicability of Subpart 32.10, establishing that its policies and procedures for contract financing and payment apply exclusively to non-commercial acquisitions.
Key Rules
- Applicability: The subpart governs contract financing and payment procedures for standard government purchases.
- Commercial Exclusion: These specific policies do not apply to the acquisition of commercial products or commercial services conducted under FAR Part 12.
Practical Implications
- Contracting officers must verify the nature of the procurement (commercial vs. non-commercial) before applying the financing methods found in this subpart, such as Performance-Based Payments.
- For commercial acquisitions, practitioners must refer to FAR Subpart 32.2 ("Commercial Product and Commercial Service Purchase Financing") instead of this subpart.