Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 1 - Federal Acquisition Regulation |
SubChapter E - General Contracting Requirements |
Part 32 - Contract Financing |
Subpart 32.4 - Advance Payments for Non-Commercial Items |
§ 32.401 - Statutory authority.
Latest version.
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32.401 Statutory authority.
The agency may authorize advance payments in negotiated and sealed bid contracts if the action is appropriate under
(a) 41 U.S.C. chapter 45;
(b) 10 U.S.C. 2307chapter 277; or
(c) Pub. L. 85-804 (50 U.S.C. 1431-1435) and Executive Order 10789, November 14, 1958 (3 CFR 1958 Supp. pp. 72-74) (see Subpart 50.1 for other applications of this statute).
[48 FR 42328, Sept. 19, 1983, as amended at 50 FR 1744, Jan. 11, 1985; 50 FR 52429, Dec. 23, 1985; 72 FR 63030, Nov. 7, 2007; 79 FR 24211, Apr. 29, 2014; 87 FR 73899, Dec. 1, 2022]