Regulations last checked for updates: Feb 06, 2026

Title 48 - Federal Acquisition Regulations System last revised: Jan 28, 2026
1332.402 - 1332.402 General.

(a) Advanced payment may be authorized for contracts, other than those at FAR 32.403(a) and (b), only if other types of financing are not reasonably available to the contractor in adequate amounts.

(b) The designee authorized to determine when advance payment is in the public interest or facilitates national defense is set forth in CAM 1301.70.

source: 75 FR 10570, Mar. 8, 2010, unless otherwise noted.
cite as: 48 CFR 1332.402