US lawFederal (United States)RegulationsTitle 48 CFR — Federal Acquisition Regulations SystemChapter 34 — DEPARTMENT OF EDUCATION ACQUISITION REGULATIONPart 3432 — CONTRACT FINANCINGSubpart 3432.4—Advance Payments for Other Than Commercial Acquisitions3432.40748 C.F.R. § 3432.407Interest.Last amended: 2014Year: 2026Length: 17 wordsOfficial source Cite as 48 C.F.R. § 3432.407 (2026)The HCA is designated as the official who may authorize advance payments without interest under FAR 32.407(d).Previous48 C.F.R. § 3432.402