Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 7 - Agency for International Development |
SubChapter E - General Contracting Requirements |
Part 732 - Contract Financing |
Subpart 732.4 - Advance Payments for Non-Commercial Items |
§ 732.402 - General.
Latest version.
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732.402 General.
(a)-(d) [Reserved]
(e)
(1) U.S. Dollar advances to for-profit organizations for any award, including advances for disbursement to grantees, must be processed and approved in accordance with ADS Chapter 636.
(2) All local currency advances to for-profit organizations for any award require the approval of the head of the contracting activity, with concurrence of the Mission Controller.
[79 FR 74995, Dec. 16, 2014]