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Title 2

Displaying title 2, up to date as of 6/10/2026. Title 2 was last amended 4/09/2026.
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§ 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.