Regulations last checked for updates: Feb 12, 2026

Title 48 - Federal Acquisition Regulations System last revised: Jan 28, 2026
932.402 - 932.402 General.

(e)(1) The Head of the Contracting Activity or designee shall have the responsibility and authority for making findings and determinations, and for approval of contract terms concerning advance payments.

(2) Before authorizing any advance payment arrangements, the approving official shall obtain the advice, and other inputs of the servicing finance office.

authority: 42 U.S.C. 7101
source: 49 FR 12011, Mar. 28, 1984, unless otherwise noted.
cite as: 48 CFR 932.402