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CFR Regulation

CONTRACT FINANCING

Citation
48 CFR Part 2532
Current through
Sections
2
§ 2532.4012532.401 Statutory authority.

The NSF Act (42 U.S.C. 1870(d)) provides that advance, progress, or other payments which relate to scientific activities or scientific information may be made without regard to the provisions of section 3324 of title 31 of the United States Code.

§ 2532.4032532.403 Applicability.

Advance payments may be made in any amount not exceeding the contract price, provided (a) the amount of the advance payment is based upon an analysis of the financing required by the contractor for the contract and does not exceed reasonable financial requirements between payments, and (b) such advance payment is appropriate in order to contract for the required work.

2 sections

Cite this law

CONTRACT FINANCING (U.S.C.). Retrieved via LawPlayer, https://lawplayer.com/us/act/cfr-title-48-part-2532

United States government works (U.S. Code, Code of Federal Regulations) are in the public domain under 17 U.S.C. § 105.

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