Regulations last checked for updates: Nov 25, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
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.

authority: 41 U.S.C. 1303 and 48 CFR chapter 1
source: 56 FR 36409, July 31, 1991, unless otherwise noted.
cite as: 48 CFR 232.202-4