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10 U.S.C. § 3803

Security for advance payments

United States · Title 10 — ARMED FORCES · Status: effective

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10 U.S.C. § 3803, Security for advance payments, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/434795
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Advance payments made under section 3801 of this title may be made only if the contractor gives adequate security and after a determination by the head of the agency that to do so would be in the public interest. Such security may be in the form of a lien in favor of the United States on the property contracted for, on the balance in an account in which such payments are deposited, and on such of the property acquired for performance of the contract as the parties may agree. This lien is paramount to any other liens and is effective immediately upon the first advancement of funds without filing, notice, or any other action by the United States.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.