Code of Federal Regulations (Last Updated: May 6, 2024) |
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 232.11 - Electronic Funds Transfer |
§ 232.1101 - Policy.
Latest version.
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(a) If the payment office is not capable of making payment by electronic funds transfer (EFT), the payment office is relieved of the requirement to pay by EFT is DoD complies with 31 CFR 208.3, which requires written notice and submittal of an implication plan to the Department of the Treasury, Financial Management Service.