[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR17.505]



[Page 340]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 17_SPECIAL CONTRACTING METHODS--Table of Contents

 

       Subpart 17.5_Interagency Acquisitions Under the Economy Act

 

Sec. 17.505  Payment.



    (a) The servicing agency may ask the requesting agency, in writing, 

for advance payment for all or part of the estimated cost of furnishing 

the supplies or services. Adjustment on the basis of actual costs shall 

be made as agreed to by the agencies.

    (b) If approved by the servicing agency, payment for actual costs 

may be made by the requesting agency after the supplies or services have 

been furnished.

    (c) Bills rendered or requests for advance payment shall not be 

subject to audit or certification in advance of payment.

    (d) If the Economy Act order requires use of a contract by the 

servicing agency, then in no event shall the servicing agency require, 

or the requiring agency pay, any fee or charge in excess of the actual 

cost (or estimated cost if the actual cost is not known) of entering 

into and administering the contract or other agreement under which the 

order is filled.