Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 8 - Department of Veterans Affairs |
SubChapter E - General Contracting Requirements |
Part 832 - Contract Financing |
Subpart 832.2 - Commercial Item Purchase Financing |
§ 832.201 - Statutory authority.
Latest version.
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832.201 Statutory authority.
The contracting officer may make the determination that terms and conditions for payment for commercial items are appropriate and customary in the commercial marketplace and are in the best interest of the Government, provided the terms and conditions for payment do not conflict with FAR Subpart 32.2.