CFR › Title 48 › Part 1432 › §1432.304-248 CFR §1432.304-2Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗Copy linkGuaranteed loan applications shall be authorized and transmitted to the Federal Reserve Board by the AS/PMB, in accordance with FAR 32.304-2(h).