---
kind: "section"
citation: "7 C.F.R. § 1726.401"
title: "7"
number: "1726.401"
heading: "Material contract closeout."
url: "https://uscodex.org/cfr/7/1726.401"
---

# §1726.401. Material contract closeout.

- (a) **Delivery inspection.** The borrower (acting through its engineer, if applicable) will verify that all materials are delivered in proper quantities, in good condition, and in compliance with applicable specifications.
- (b) **Closeout documents.** The borrower (acting through its engineer, if applicable) will obtain from the supplier a “Buy American” certificate, RUS Form 213, any manufacturer's guarantee(s) and, if applicable, a copy of RUS Form 224, Waiver and Release of Lien. Closeout documents for materials contracts need not be submitted to RUS unless specifically requested by RUS on a case by case basis.
- (c) **Final payment.** Upon completion of the actions required under paragraphs [(a)](#a) and [(b)](#b) of this section, the borrower shall make final payment to the supplier in accordance with the provisions of the material contract or written purchase order.

## Notes

### Amendments

[60 FR 10155, Feb. 23, 1995, as amended at 69 FR 7110, Feb. 13, 2004]

### Authority

Authority: 7 U.S.C. 901 et seq., 1921 et seq., 6941 et seq.

### Source

Source: 60 FR 10155, Feb. 23, 1995, unless otherwise noted.

### Amendments

[60 FR 10155, Feb. 23, 1995, as amended at 69 FR 7110, Feb. 13, 2004]