U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 28, 2025

§ 1108.410 - Working capital advance.

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.