32.401  Statutory authority.

FAC 2005-21 NOVEMBER 7, 2007

The agency may authorize advance payments in negotiated and sealed bid contracts if the action is appropriate under-

(a)  Section 305 of the Federal Property and Administrative Services Act of 1949 (41 U.S.C. 255);

(b)  The Armed Services Procurement Act (10 U.S.C. 2307); or

(c)  Pub. L. 85-804 (50 U.S.C. 1431-1435) and Executive Order 10789, November 14, 1958 (3 CFR 1958 Supp. pp. 72-74) (see Subpart 50.1 for other applications of this statute).