Advance payments may be authorized under Federal contracts and subcontracts. Advance payments are the least preferred method of contract financing and require special determinations by the agency head or designee. Specific financial information about the contractor is required before such payments can be authorized.
The latest form for Certain Federal Acquisition Regulation Part 32 Requirements - FAR Sections Affected: 32.408(b), 52.232-1 through 52.232-7, 52.232-10, 52.232-12, 52.232-20, 52.232-22, 52.232-27, and 52.232-34 expires 2022-07-31 and can be found here.
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Supporting Statement A |