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Federal Procurement

Fast Payment Procedure

Search Fast Payment Procedure government contracts, grants, and federal opportunities.

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Fast Payment Procedure

Glossary

A glossary tracked by Bureauify. See sources and related records below.

Source: Bureauify entity summary
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FAR 13.4

Fast Payment Procedure Government Contracts & Federal Records

Federal activity overview — Fast Payment Procedure

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Why does Fast Payment Procedure matter?

The fast payment procedure allows agencies to pay contractors based on submission of an invoice and contractor certification of delivery, before the government actually verifies receipt of goods. Designed for small purchases and situations where inspection delays would be impractical, this method accelerates payment by eliminating the traditional receipt-before-payment requirement.

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Advantages

  • +Payment before government receipt verification — fastest standard method
  • +Reduces administrative burden for small purchases
  • +Accelerates cash flow for small orders and routine supplies
  • +Simplifies the procurement process for both parties
  • +Particularly useful for direct-ship items to remote locations

Cash Flow Impact

Strong positive cash flow impact for eligible transactions. Payment can be received within days of shipment rather than waiting for government inspection and acceptance. However, the $35,000 threshold limits the total financial impact to small individual orders.

Related Payment Types

Contract Financing (Advance Payments)FAR 32.4Assignment of ClaimsFAR 32.8

Other Payment Types

Progress PaymentsFAR 32.5Performance-Based PaymentsFAR 32.10Milestone PaymentsFAR 32.10Cost ReimbursementFAR 32.001, FAR 16.3Commercial Item FinancingFAR 32.2Prompt Payment Act (Net 30)FAR 32.9

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Frequently Asked Questions

How do I track new opportunities for Fast Payment Procedure?
Create a free Bureauify account to save this search, set up email alerts for new postings, and track deadlines. All data is sourced from SAM.gov, USAspending, FPDS, and Grants.gov.
How often is this data updated?
Bureauify aggregates data from multiple federal sources — SAM.gov, USAspending, FPDS, and Grants.gov — and updates hourly. Active solicitations, awards, grants, and other federal records are refreshed throughout the day.
Cite this page
Bureauify. (2026). Fast Payment Procedure — Federal Contract Intelligence. Bureauify Federal Intelligence. Retrieved , from https://bureauify.com/glossary/fast-payment-procedure

Data Methodology

Data Sources

Primary: Federal Acquisition Glossary, GSA Reference. Supplemented by 110+ federal data feeds including GAO, IG reports, Federal Register, and agency forecasts.

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Disclaimer

Data is sourced from official federal systems and refreshed regularly. Verify critical details on the originating agency website before making business decisions.

This glossary page aggregates data across all indexed federal sources.

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