The corresponding FAR Part 32 and DFARS Part 232 have been overhauled under the RFO.
PGI replacement text is provided in the RFO deviation attachment.
View FAR Part 32
Current Content
If an advance payment procedure is used without a special bank account, replace paragraph (a)(4) of the Findings, Determination, and Authorization for Advance Payments at FAR 32.410 with:
“(4) The proposed advance payment clause contains appropriate provisions as security for advance payments. These provisions include a requirement that the outstanding advance payments will be liquidated from cost reimbursements as they become due the contractor. This security is considered adequate to protect the interest of the Government.”
Change History
| Detected | Type | Summary |
|---|---|---|
| detected 2026-04-17 | PGI_MODIFIED | PGI 232.410 updated: 1 lines added, 1 lines removed |
View diff--- previous +++ current @@ -1 +1 @@ -If an advance payment procedure is used without a special bank account, follow the procedures at PGI 232.410 .+If an advance payment procedure is used without a special bank account, replace paragraph (a)(4) of the Findings, Determination, and Authorization for Advance Payments at FAR 32.410 with: "(4) The proposed advance payment clause contains appropriate provisions as security for advance payments. These provisions include a requirement that the outstanding advance payments will be liquidated from cost reimbursements as they become due the contractor. This security is considered adequate to protect the interest of the Government." |
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