[Code of Federal Regulations]
[Title 48, Volume 1]
[Revised as of October 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR32.004]

[Page 622]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
                CHAPTER 1--FEDERAL ACQUISITION REGULATION
 
PART 32_CONTRACT FINANCING--Table of Contents
 
Sec.  32.004  Contract performance in foreign countries.

    The enforceability of contract provisions for security of Government 
financing in a foreign jurisdiction is dependent upon local law and 
procedure. Prior to providing contract financing where foreign 
jurisdictions may become involved, the contracting officer shall ensure 
the Government's security is enforceable. This may require the provision 
of additional or different security than that normally provided for in 
the standard contract clauses.

[60 FR 49710, Sept. 26, 1995]