48 CFR § 1332.402 - 1332.402 General.

---
identifier: "/us/cfr/t48/s1332.402"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 1332.402 - 1332.402   General."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "1332.402"
section_name: "1332.402   General."
chapter_number: 13
chapter_name: "DEPARTMENT OF COMMERCE"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "1332"
part_name: "CONTRACT FINANCING"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "41 U.S.C. 414; 48 CFR 1.301-1.304."
regulatory_source: "75 FR 10570, Mar. 8, 2010, unless otherwise noted."
cfr_part: "1332"
---


# 1332.402 1332.402   General.

(a) Advanced payment may be authorized for contracts, other than those at FAR 32.403(a) and (b), only if other types of financing are not reasonably available to the contractor in adequate amounts.

(b) The designee authorized to determine when advance payment is in the public interest or facilitates national defense is set forth in CAM 1301.70.