48 CFR § 732.406-73 - 732.406-73 LOC contract clause.

---
identifier: "/us/cfr/t48/s732.406-73"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 732.406-73 - 732.406-73   LOC contract clause."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "732.406-73"
section_name: "732.406-73   LOC contract clause."
chapter_number: 7
chapter_name: "AGENCY FOR INTERNATIONAL DEVELOPMENT"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "732"
part_name: "CONTRACT FINANCING"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
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."
cfr_part: "732"
---


# 732.406-73 732.406-73   LOC contract clause.

(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]