2 C.F.R. § 1108.410

Working capital advance.

Last amended: 2020Year: 2026Length: 47 wordsOfficial source

Cite as 2 C.F.R. § 1108.410 (2026)

Working capital advance means a payment method under which funds are advanced to a recipient or subrecipient to cover its estimated disbursement needs for a given initial period, after which the DoD component making the award makes payment to the recipient or subrecipient by way of reimbursement.
2 C.F.R. § 1108.410: Working capital advance. | Justis AI