GroundRules
48 CFR 1432.501-2: 1432.501-2 Unusual progress payments.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 14—DEPARTMENT OF THE INTERIOR
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 1432—CONTRACT FINANCING
- Subpart 1432.5—Progress Payments Based on Costs
The CO shall obtain the advance approval of the HCA, or designee, before providing a progress payment rate higher than the customary rates as defined in FAR 32.501-1. Advance approval to provide progress payment rates higher than the customary rates shall not be delegated lower than the CCO.
Collected 2026-08-27T02:26:29Z. Source file · JSON