[Code of Federal Regulations] [Title 48, Volume 1] [Revised as of October 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 48CFR32.201] [Page 637] TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM (This book contains chapter 1, parts 1 to 51) CHAPTER 1--FEDERAL ACQUISITION REGULATION -------------------------------------------------------------------- PART 32_CONTRACT FINANCING--Table of Contents Subpart 32.2_Commercial Item Purchase Financing Sec. 32.201 Statutory authority. 10 U.S.C. 2307(f) and 41 U.S.C. 255(f) provide that payment for commercial items may be made under such terms and conditions as the head of the agency determines are appropriate or customary in the commercial marketplace and are in the best interest of the United States.