3207.1 An eligible contractor may apply for advance payments before or after the award of a contract.

3207.2 The contractor or prospective contractor shall submit an advance payment request to the contracting officer in writing which provides the following information:

1. (a) A reference to the contract if the request concerns an existing contract, or a reference to the solicitation if the request concerns a proposed contract;
2. (b) A cash flow forecast showing estimated disbursements and receipts for the period of contract performance;
3. (c) The proposed total amount of advance payments;
4. (d) The name and address of the bank at which the contractor expects to establish a special depository account for the advance payments;
5. (e) A description of the contractor's efforts to obtain private financing;
6. (f) Whether the contractor is receiving or has applied to receive advance payments under any other current District contracts or solicitations; and
7. (g) Other information appropriate to an understanding of the following:
8. (1) The contractor's financial condition and need;
9. (2) The contractor's ability to perform the contract without loss to the District; and
10. (3) Financial safeguards that will be used to protect the District's interests.

SOURCE: Final Rulemaking published at 35 DCR 1628 (February 26, 1988).