PGI 232.410: Findings, determination, and authorization.
R-DFARS PGI › Part 232 › PGI 232.410 · issued under 2026-O0022
Deviated Text
This text comes from the Word attachment to class deviation 2026-O0022, not from acquisition.gov. The deviation memo directs contracting officers to use it in place of the codified PGI. The source attachment linked below is authoritative.
Text
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”.