# Subpart 532.4 - Advance Payments for Non-Commercial Items

## 532.402 General.

The contracting officer shall prepare the findings and determinations required by FAR 32.402(e) in coordination with the contract finance office. The HCA approves the findings, determinations and authorization for advance payments.

## 532.407 Interest.

The contract finance office will give the contracting officer the interest rate to be charged on the unliquidated balance of advance payments.