GroundRules
48 CFR 432.407: 432.407 Interest.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 4—DEPARTMENT OF AGRICULTURE
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 432—CONTRACT FINANCING
- Subpart 432.4—Advance Payments for Non-Commercial Items
(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.
Collected 2026-08-27T02:26:29Z. Source file · JSON