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48 CFR §732.406-73 — LOC contract clause.

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)If payment is to be provided by LOC, the contract must contain the clause in 752.232-70.
  2. (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.