{"data":{"id":"us/48-cfr-732.406-73","jurisdiction":"us","citation":"48 CFR 732.406-73","heading":"732.406-73 LOC contract clause.","body":"(a) If payment is to be provided by LOC, the contract must contain the clause in 752.232-70.\n(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.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 7—AGENCY FOR INTERNATIONAL DEVELOPMENT","SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS","PART 732—CONTRACT FINANCING","Subpart 732.4—Advance Payments for Non-Commercial Items"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"7b813cc38be33ca32cf9f90b6364b3f3a51db7996017ea006c63e0bd7f33d79f","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-732.406-72","next":"us/48-cfr-732.406-74"},"notice":"GroundRules: Original legal text. Not legal advice."}