[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: 48CFR752.7010]



[Page 73]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

             CHAPTER 7--AGENCY FOR INTERNATIONAL DEVELOPMENT

 

PART 752_SOLICITATION PROVISIONS AND CONTRACT CLAUSES--Table of Contents

 

             Subpart 752.70_Texts of USAID Contract Clauses

 

Sec. 752.7010  Conversion of U.S. dollars to local currency.



    For use in all USAID non-commercial contracts involving performance 

overseas.



         Conversion of U.S. Dollars to Local Currency (APR 1984)



    Upon arrival in the Cooperation Country, and from time to time as 

appropriate, the Contractor's Chief of Party shall consult with the 

Mission Director who shall provide, in writing, the procedure the 

Contractor and its employees shall follow in the conversion of United 

States dollars to local currency. This may include, but is not limited 

to, the conversion of said currency through the cognizant U.S. 

Disbursing Officer or Mission Controller, as appropriate.



[49 FR 13259, Apr. 3, 1984, as amended at 62 FR 40470, July 29, 1997]