48 CFR § 732.406-73
LOC contract clause
November 17, 2020
(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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