Regulations last checked for updates: Nov 22, 2024

Title 48 - Federal Acquisition Regulations System last revised: Nov 15, 2024
2432.006 - 2432.006 Reduction or suspension of contract payments upon finding of fraud.
2432.006-1 - 2432.006-1 General.

The Senior Procurement Executive is the agency head for the purposes of FAR 32.006-1. In accordance with FAR 32.006-1(c), the Senior Procurement Executive may delegate the remedy coordination official duties to personnel in the Office of the Chief Procurement Officer at or above the Level IV of the Executive Service.

[77 FR 73530, Dec. 10, 2012]
2432.006-2 - 2432.006-2 Definitions.

“Remedy coordination official” means the Senior Procurement Executive.

[77 FR 73530, Dec. 10, 2012]
2432.006-3 - 2432.006-3 Responsibilities.

(b) HUD personnel shall report immediately in writing when a contractor's request for advance, partial, or progress payments is suspected to be fraudulent. The report shall be made to the contracting officer and the remedy coordination official. The report shall describe the events, acts, and conditions that indicate the apparent or suspected violation and include all pertinent documents. The remedy coordination official will consult with, and refer cases to, the Office of the Inspector General for investigation, as appropriate. If appropriate, the Office of the Inspector General will provide a report to the Senior Procurement Executive.

[77 FR 73530, Dec. 10, 2012]
2432.006-4 - 2432.006-4 Procedures.

The Senior Procurement Executive is the agency head for the purposes of FAR 32.006-4.

[77 FR 73530, Dec. 10, 2012]
2432.007 - 2432.007 Contract financing payments.

(a) The Senior Procurement Executive is the agency head for the purposes of FAR 32.007(a).

[77 FR 73530, Dec. 10, 2012]
Subpart 2432.1 [2432.114 - 2432.114] - Subpart 2432.1—Non-Commercial Item Purchase Financing
Subpart 2432.2 [2432.201 - 2432.201] - Subpart 2432.2—Commercial Item Purchase Financing
Subpart 2432.4 [2432.402 - 2432.407] - Subpart 2432.4—Advance Payments for Non-Commercial Items
Subpart 2432.7 [2432.703-1 - 2432.705] - Subpart 2432.7—Contract Funding
Subpart 2432.9 [2432.903 - 2432.908] - Subpart 2432.9—Prompt Payment
source: 53 FR 46536, Nov. 17, 1988, unless otherwise noted.
cite as: 48 CFR 2432.006-3