32.409-1 Recommendation for approval.
If recommending approval, the contracting officer shall transmit the following, under agency procedures, to the approving authority:
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(a) Contract data, including-
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(1) Identification and date of the award;
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(2) Citation of the appropriation;
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(3) Type and dollar amount of the contract;
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(4) Items to be supplied, schedule of deliveries or performance, and status of any deliveries or performance;
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(5) The contract fee or profit contemplated; and
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(6) A copy of the contract, if available.
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(b) The contractor’s request and supporting information.
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(c) A report on the contractor’s past performance, responsibility, technical ability, and plant capacity.
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(d) Comments on-
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(1) The contractor’s need for advance payments; and
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(2) Potential Government benefits from the contract performance.
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(e) Proposed advance payment contract terms, including proposed security requirements.
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(f) The findings, determination, and authorization (see 32.410).
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(g) The recommendation for approval of the advance payment request.
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(h) Justification of any proposal for waiver of interest charges (see 32.407).