[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: 48CFR32.201]



[Page 654]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                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.