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part52.dev Federal Acquisition Clause Monitor
R-DFARS PGI Section

PGI 232.671

Bankruptcy reporting.
Source .docx attachment →
Effective Date
February 1, 2026
Class Deviation
DFARS Part

This text is not in eCFR or DITA. It is extracted from the .docx attachment for Class Deviation 2026-O0022, which directs contracting officers to use it in place of the codified PGI. The parsed text is a convenience layer; the .docx attachment is authoritative.

(1) For those debts covered by this subpart, the department or agency that awarded the contract must furnish the Department of Justice any claims in bankruptcy, insolvency, or in proceedings for reorganization or arrangement. Furnish claims that—

(i) Have been transferred to a contract financing office;

(ii) Are on the way to a contract financing office at the inception of bankruptcy or insolvency proceedings;

(iii) Are pending and not forwarded to a contract financing office at the inception of bankruptcy or insolvency proceedings; and

(iv) Are the result of bankruptcy or insolvency proceedings.

(2) The contract financing office or other office designated within a department or agency will furnish proof of claims to the Department of Justice.

(3) The office of origin of a debt will provide, as soon as possible, information on a bankruptcy, insolvency, reorganization, or rearrangement to the office designated within a department/agency to receive this information.

(4) The information and proof of claim requirements in paragraphs (2) and (3) of this section do not apply to debts of less than $600.

Authoritative source

Issued as an attachment to the Office of the Secretary of Defense memorandum for Class Deviation 2026-O0022, signed February 1, 2026. Verify against the attachment before relying on this text.

Codified PGI

The codified text remains published on acquisition.gov but is superseded by this Class Deviation. View codified PGI 232.671.