2 C.F.R. § 1108.410
Current through September 30, 2024
Working capital advance means a payment method under which funds are advanced to a recipient or subrecipient to cover its estimated disbursement needs for a given initial period, after which the DoD component making the award makes payment to the recipient or subrecipient by way of reimbursement.
2 C.F.R. §1108.410