48 CFR 732.402 - General.

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732.402 General.



(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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United States Code
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Executive Order ... 12163