§7.404. Contract clause.
48 C.F.R. § 7.404
The contracting officer shall insert a clause substantially the same as the clause in 52.207-5, Option to Purchase Equipment, in solicitations and contracts involving a rental or lease agreement with option to purchase.
Notes, amendments, and revision history
Amendments
[59 FR 67026, Dec. 28, 1994, as amended at 86 FR 31072, June 10, 2021]
Authority
Authority: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42124, Sept. 19, 1983, unless otherwise noted.
Amendments
[59 FR 67026, Dec. 28, 1994, as amended at 86 FR 31072, June 10, 2021]