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Title 48 Part 732 → Subpart 732.4 → §732.401

Title 48 → Chapter 7 → Subchapter E → Part 732 → Subpart 732.4 → §732.401

Electronic Code of Federal Regulations e-CFR

Title 48 Part 732 → Subpart 732.4 → §732.401

e-CFR data is current as of February 24, 2020

Title 48Chapter 7Subchapter EPart 732Subpart 732.4 → §732.401


Title 48: Federal Acquisition Regulations System
PART 732—CONTRACT FINANCING
Subpart 732.4—Advance Payments for Non-Commercial Items


732.401   Statutory authority.

(a) Sections 635 (b) of the Foreign Assistance Act and Executive Order 11223, May 12, 1965, 30 FR 6635, permit the making of advance payments with respect to functions authorized by the Foreign Assistance Act. Advance payments may also be made under section 305 of the Federal Property and Administrative Services Act of 1949, which provides authority, not otherwise available to USAID, to take a paramount lien.

(b) The Act of August 28, 1968, Public Law 85-804 does not apply to USAID.

[56 FR 67225, Dec. 30, 1991, as amended at 62 FR 40469, July 29, 1997]