[Code of Federal Regulations]

[Title 48, Volume 5]

[Revised as of October 1, 2006]

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

[CITE: 48CFR732.401]



[Page 42-43]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

             CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT

 

PART 732_CONTRACT FINANCING--Table of Contents

 

                     Subpart 732.4_Advance Payments

 

Sec. 732.401  Statutory authority.



    Source: 56 FR 67225, Dec. 30, 1991, unless otherwise noted.



[[Page 43]]





    (a) Sections 635 (b) of the Foreign Assistance Act and Executive 

Order 11223, May 12, 1965, 30 FR 6635, permit the making of advance 

payments with respect to functions authorized by the Foreign Assistance 

Act. Advance payments may also be made under section 305 of the Federal 

Property and Administrative Services Act of 1949, which provides 

authority, not otherwise available to USAID, to take a paramount lien.

    (b) The Act of August 28, 1968, Public Law 85-804 does not apply to 

USAID.



[56 FR 67225, Dec. 30, 1991, as amended at 62 FR 40469, July 29, 1997]