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2 CFR 1108.410

§ 1108.410 Working capital advance.

United States · 2 CFR — Federal Financial Assistance · Status: effective

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2 CFR 1108.410, § 1108.410 Working capital advance, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1455
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Full text

Working capital advance means a payment method under which funds are advanced to a recipient or subrecipient to cover its estimated disbursement needs for a given initial period, after which the DoD component making the award makes payment to the recipient or subrecipient by way of reimbursement.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.