Federal Acquisition Regulation
Scope of subpart
FAR 32.400
This subpart provides policies and procedures for advance payments on prime contracts and subcontracts. It does not include policies and procedures for advance payments for the types of transactions listed in Exclusions (FAR 32.404) . This subpart does not apply to commercial advance payments, which are subject to subpart Commercial Product and Commercial Service Purchase Financing (FAR 32.2) .
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