Regulations last checked for updates: May 01, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025
2032.402 - 2032.402 General.

(a) The contracting officer has the responsibility and authority for making findings and determinations and for approval of contract terms concerning advance payments.

(b) Before authorizing any advance payment agreements, except for subscriptions to publications, the contracting officer shall coordinate with the Office of the Chief Financial Officer, Division of Accounting and Finance, to ensure completeness of contractor submitted documentation.

source: 64 FR 49335, Sept. 10, 1999, unless otherwise noted.
cite as: 48 CFR 2032.402