Agency contract finance office is the office, other than the office of the requisitioner, providing funding or performing funding record keeping for the contract action.
Head of agency. For the purposes of this part, head of the agency means, exclusively, the Secretary or the Deputy Secretary.
Remedy coordination official (RCO). The USDA RCO is the Assistant Secretary for Administration.
Responsible fiscal authority is that officer in the agency contract finance office with the responsibility to ensure that adequate funds are available and usable for the intended purpose.
The annual report required by FAR 32.006-5 is to be prepared by the SPE and submitted to the Secretary within 90 calendar days after the end of the fiscal year. When signed by the Secretary, the report is to be maintained by the SPE.
The Mission Area senior contracting official may prescribe, on a case-by-case basis, a shorter period for financing payments.
source: 89 FR 81015, Oct. 7, 2024, unless otherwise noted.
cite as: 48 CFR 432.006-5