[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: 48CFR732.402]



[Page 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. 732.402  General.



    (a)-(d) [Reserved]

    (e)(1) U.S. Dollar advances to for-profit organizations, including 

advances for disbursement to grantees, shall be processed and approved 

in accordance with ADS 583.5.6b.

    (2) All local currency advances to for-profit organizations require 

the approval of the Head of the Contracting Activity, after consultation 

with the Mission Controller.



[56 FR 67225, Dec. 30, 1991, as amended at 61 FR 39093, July 26, 1996; 

64 FR 5008, Feb. 2, 1999; 64 FR 42042, Aug. 3, 1999]