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GSAM

GSAM

Change Number: Change 199 GSAR Case 2024-G502
Effective Date: 05/26/2025

532.502-2 Contract finance office clearance.

532.502-2 Contract finance office clearance.

Before providing for progress payments based on costs, the contracting officer shall request the Office of the Chief Financial Officer to provide advice and assistance about a contractor’s financial condition and the adequacy of its accounting system and controls.