Code of Federal Regulations · Section

§ 932.102 — 932.102 Description Of Contract Financing Methods

48 C.F.R. § 932.102

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(e) (2) Progress payments based on a percentage or stage of completion may be authorized by the Head of the Contracting Activity when a determination is made that progress payments based on costs cannot be practically employed and that there are adequate safeguards provided for the administration of progress payments based on a percentage or stage of completion.

Authorizing Statute