[Code of Federal Regulations]

[Title 48, Volume 5]

[Revised as of October 1, 2006]

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

[CITE: 48CFR732.406-74]



[Page 44]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

             CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT

 

PART 732_CONTRACT FINANCING--Table of Contents

 

                     Subpart 732.4_Advance Payments

 

Sec. 732.406-74  Revocation of the LOC.



    If during the term of the contract FM/CMP believes that the LOC 

should be revoked, FM/CMP may, after consultation with the cognizant 

contracting officer(s) and GC, revoke the LOC by written notification to 

the contractor. A copy of any such revocation notice will immediately be 

provided to the cognizant contracting officer(s).