C.F.R. » Title 48 » CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE › SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS › PART 232—CONTRACT FINANCING › Subpart 232.1—Financing for Other Than a Commercial Purchase

48 C.F.R. § 232.102

232.102 Description of contract financing methods.

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(e)(2) Progress payments based on percentage or stage of completion are authorized only for contracts for construction (as defined in FAR 36.102), shipbuilding, and ship conversion, alteration, or repair. However, percentage or state of completion methods of measuring contractor performance may be used for performance-based payments in accordance with FAR Subpart 32.10.