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Current as of October 02, 2022 | Updated by FindLaw Staff
If recommending approval, the contracting officer shall transmit the following, under agency procedures, to the approving authority:
(a) Contract data, including—
(1) Identification and date of the award;
(2) Citation of the appropriation;
(3) Type and dollar amount of the contract;
(4) Items to be supplied, schedule of deliveries or performance, and status of any deliveries or performance;
(5) The contract fee or profit contemplated; and
(6) A copy of the contract, if available.
(b) The contractor's request and supporting information.
(c) A report on the contractor's past performance, responsibility, technical ability, and plant capacity.
(d) Comments on (1) the contractor's need for advance payments and (2) potential Government benefits from the contract performance.
(e) Proposed advance payment contract terms, including proposed security requirements.
(f) The findings, determination, and authorization (see 32.410).
(g) The recommendation for approval of the advance payment request.
(h) Justification of any proposal for waiver of interest charges (see 32.407).
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.32.409-1 Recommendation for approval - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-32-409-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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