Code of Federal Regulations · Section

§ 732.402 — 732.402 General

48 C.F.R. § 732.402

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(a) -(d) [Reserved]

(e) (1) U.S. Dollar advances to for-profit organizations for any award, including advances for disbursement to grantees, must be processed and approved in accordance with ADS Chapter 636.

(2) All local currency advances to for-profit organizations for any award require the approval of the head of the contracting activity, with concurrence of the Mission Controller.

Authorizing Statute