48 CFR 432.407
432.407 Interest.
United States · 48 CFR — Federal Acquisition Regulations System · Status: effective
Cite this
- Citation
- 48 CFR 432.407, 432.407 Interest, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/245487
- Permanent ID
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26f97c1dd2c326cb6122ae3cff74fb938cdd479d89055d646eb818ba184921be
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Full text
(a) The HCA is designated as the individual who may authorize, on a case-by-case basis, advance payments without interest for the contract types described in FAR 32.407(d)(1), through (4). The signed determination and findings supporting these authorizations shall be included in the contract files.
(b) The SPE is designated as the individual who may authorize advance payments without interest other than those described in paragraph (a) of this section.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.