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.
The CO shall obtain approval of the bureau finance office prior to taking actions listed in FAR 32.502-2.
source: 75 FR 19829, Apr. 15, 2010, unless otherwise noted.
cite as: 48 CFR 1432.502-2