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2 CFR 1128.205

§ 1128.205 Content of FMS Article II.

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

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2 CFR 1128.205, § 1128.205 Content of FMS Article II, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/1549
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(a) Requirement. A DoD Component's general terms and conditions must address payment method; payment timing and amounts, which relate to cash management; frequency of payment requests; and matters related to recipients' depositories, including interest earned on advance payments. (b) Award terms and conditions. A DoD Component's general terms and conditions must include the wording appendix B to this part provides for FMS Article II with appropriate additions, deletions, and substitutions as described in §§ 1128.210 through 1128.220.

Legislative history

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