48 C.F.R. § 1432.501-2

Unusual progress payments.

Last amended: 2016Year: 2026Length: 48 wordsOfficial source

Cite as 48 C.F.R. § 1432.501-2 (2026)

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.
48 C.F.R. § 1432.501-2: Unusual progress payments. | Justis AI