§732.406-73. LOC contract clause.
48 C.F.R. § 732.406-73
If payment is to be provided by LOC, the contract must contain the clause in 752.232-70.
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.
Notes, amendments, and revision history
Amendments
[79 FR 74995, Dec. 16, 2014]
Source
Source: 56 FR 67225, Dec. 30, 1991, unless otherwise noted.
Authority
Authority: Sec. 621, Pub. L. 87-195, 75 Stat. 445, (22 U.S.C. 2381) as amended; E.O. 12163, Sept. 29, 1979, 44 FR 56673; 3 CFR, 1979 Comp., p. 435.
Amendments
[79 FR 74995, Dec. 16, 2014]