§ 1108.30 Advance payment.
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Title 2 CFR: Federal Financial Assistance › Chapter XI: DEPARTMENT OF DEFENSE › Part 1108: DEFINITIONS OF TERMS USED IN SUBCHAPTERS A THROUGH F OF THIS CHAPTER › Subpart B: Definitions › § 1108.30: § 1108.30 Advance payment.
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Advance payment
means a payment that DoD or a recipient or subrecipient makes by any appropriate payment mechanism, including a predetermined payment schedule, before the recipient or subrecipient disburses the funds for project or program purposes.
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