{"data":{"id":"us/48-cfr-232.503-15","jurisdiction":"us","citation":"48 CFR 232.503-15","heading":"232.503-15 Application of Government title terms.","body":"(d) An administrative contracting officer (ACO) determination that the contractor's material management and accounting system conforms to the system criteria at 252.242-7004(d)(7) constitutes the contracting officer approval requirement of FAR 32.503-15(d). Prior to granting blanket approval of cost transfers between contracts, the ACO should determine that—\n(i) The contractor retains records of the transfer activity that took place in the prior month;\n(ii) The contractor prepares, at least monthly, a summary of the transfer activity that took place in the prior month; and\n(iii) The summary report includes as a minimum, the total number and dollar value of transfers.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE","SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS","PART 232—CONTRACT FINANCING","Subpart 232.5—Progress Payments Based on Costs"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"3138c596359cdaa6871e33a80393a6827fc32642413663e9522e14d49e06bc92","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-232.503-6","next":"us/48-cfr-232.602"},"notice":"GroundRules: Original legal text. Not legal advice."}