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48 CFR 1332.402

1332.402 General.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

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48 CFR 1332.402, 1332.402 General, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/249556
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(a) Advanced payment may be authorized for contracts, other than those at FAR 32.403(a) and (b), only if other types of financing are not reasonably available to the contractor in adequate amounts. (b) The designee authorized to determine when advance payment is in the public interest or facilitates national defense is set forth in CAM 1301.70.

Legislative history

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