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48 CFR §1432.501-2

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
The CO shall obtain the advance approval of the HCA, or designee, before providing a progress payment rate higher than the customary rates as defined in FAR 32.501-1. Advance approval to provide progress payment rates higher than the customary rates shall not be delegated lower than the CCO.