LOC contract clause.

  1. Law
  2. CFR 48
  3. Federal Acquisition Regulations System
  4. Agency for International Development
  5. General Contracting Requirements
  6. Contract Financing
  7. Advance Payments for Non-Commercial Items
  8. LOC contract clause.

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732.406-73 LOC contract clause.

(a) If payment is to be provided by LOC, the contract must contain the clause in 752.232-70.

(b) Contracting officers must ensure that an appropriate (48 CFR) FAR payment clause is also inserted in the contract, in the event that the LOC is revoked pursuant to 732.406-74.

[79 FR 74995, Dec. 16, 2014]


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