US lawFederal (United States)RegulationsTitle 48 CFR — Federal Acquisition Regulations SystemChapter 13 — DEPARTMENT OF COMMERCEPart 1332 — CONTRACT FINANCINGSubpart 1332.4—Advance Payments for Non-Commercial Items1332.40748 C.F.R. § 1332.407Interest.Last amended: 2016Year: 2026Length: 16 wordsOfficial source Cite as 48 C.F.R. § 1332.407 (2026)The designee authorized to approve advance payment without interest is as set forth in CAM 1301.70.Previous48 C.F.R. § 1332.404