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How to Improve Compliance in Lending to Government Contractors

How to Improve Compliance in Lending to Government Contractors

March 21, 2025 |  By: Clare Schuller   The Assignment of Claims Act of 1940 allows government contractors to assign payments due under federal contracts to financial institutions. However, to prevent unauthorized transfers and safeguard government interests, the process is strictly regulated under Subpart 32.8 of the Federal Acquisition Regulation (FAR). This subpart establishes requirements… Continue reading How to Improve Compliance in Lending to Government Contractors

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