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Title 48 Part 732 → Subpart 732.4 → §732.402

Title 48 → Chapter 7 → Subchapter E → Part 732 → Subpart 732.4 → §732.402

Electronic Code of Federal Regulations e-CFR

Title 48 Part 732 → Subpart 732.4 → §732.402

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

Title 48Chapter 7Subchapter EPart 732Subpart 732.4 → §732.402


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


732.402   General.

(a)-(d) [Reserved]

(e)(1) U.S. Dollar advances to for-profit organizations for any award, including advances for disbursement to grantees, must be processed and approved in accordance with ADS Chapter 636.

(2) All local currency advances to for-profit organizations for any award require the approval of the head of the contracting activity, with concurrence of the Mission Controller.

[79 FR 74995, Dec. 16, 2014]