[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR32.004]



[Page 646]

 

            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]