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
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Exercise of functions22 U.S.C. § 2381