48 CFR § 732.402
General
November 17, 2020
(a)-(d) [Reserved]
(e)
(1) U.S. Dollar advances to for-profit organizations for any award, including advances for disbursement to grantees, must be processed and approved in accordance with ADS Chapter 636.
(2) All local currency advances to for-profit organizations for any award require the approval of the head of the contracting activity, with concurrence of the Mission Controller.
[79 FR 74995, Dec. 16, 2014]
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