---
kind: "section"
citation: "48 C.F.R. § 732.402"
title: "48"
number: "732.402"
heading: "General."
url: "https://uscodex.org/cfr/48/732.402"
---

# §732.402. General.

- (a) -(d) [Reserved]
- (e)
  - (1) U.S. Dollar advances to for-profit organizations for any award, including advances for disbursement to grantees, must be processed and approved in accordance with ADS Chapter 636.
  - (2) All local currency advances to for-profit organizations for any award require the approval of the head of the contracting activity, with concurrence of the Mission Controller.

## Notes

### Amendments

[79 FR 74995, Dec. 16, 2014]

### Source

Source: 56 FR 67225, Dec. 30, 1991, unless otherwise noted.

### Authority

Authority: Sec. 621, Pub. L. 87-195, 75 Stat. 445, (22 U.S.C. 2381) as amended; E.O. 12163, Sept. 29, 1979, 44 FR 56673; 3 CFR, 1979 Comp., p. 435.

### Amendments

[79 FR 74995, Dec. 16, 2014]