48 CFR 732.406-72 - Establishing an LOC.

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There is 1 rule appearing in the Federal Register for 48 CFR 732. View below or at eCFR (GPOAccess)
732.406-72 Establishing an LOC.
(a) While the contract will provide for the use of an LOC when it is justified under subsection 732.406-71, the LOC is a separate agreement between the contractor and FM/CMP, acting on behalf of the USAID Controller. The terms and conditions of the LOC are established by FM/CMP/GIB.
(b) In order to establish or amend an LOC, the contracting officer shall provide FM/CMP with the following information:
(1) The name of the Contractor;
(2) The official USAID contract number;
(3) The obligated amount of the contract;
(4) The budget plan code for the obligated funds;
(5) The effective date and estimated completion date.
(6) The contractor Federal Tax Identification Number.
This information should be provided in writing to FM/CMP together with a request to establish or amend an LOC as early in the negotiation cycle as possible.
(c) FM/CMP will prepare the LOC in accordance with USAID's LOC procedures; issue or amend and maintain the LOC in accordance with its terms and USAID procedures and regulations; and provide the contracting officer(s) a copy of each LOC and any other material governing its use at the time the LOC is issued or when it is amended or modified.
[56 FR 67225, Dec. 30, 1991, as amended at 61 FR 39093, July 26, 1996; 64 FR 42042, Aug. 3, 1999]

Title 48 published on 2014-10-01

The following are only the Rules published in the Federal Register after the published date of Title 48.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2014-12-16; vol. 79 # 241 - Tuesday, December 16, 2014
    1. 79 FR 74986 - Incorporate Various Administrative Changes and Internal Policies in to the USAID Acquisition Regulation (AIDAR)
      GPO FDSys XML | Text
      AGENCY FOR INTERNATIONAL DEVELOPMENT
      Direct final rule.
      This rule is effective March 16, 2015 without further action, unless adverse comments are received by January 15, 2015. If adverse comments are received, USAID will publish a timely withdrawal of those portion(s) of the rule in the Federal Register . Submit comments on or before January 15, 2015.
      48 CFR Parts 701, 702, 703, 704, 705, 706, 707, 709, 711, 713, 714, 715, 716, 717, 719, 722, 725, 726, 727, 728, 731, 732, 733, 736, 742, 745, 747, 750 and 752

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

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United States Code
U.S. Code: Title 22 - FOREIGN RELATIONS AND INTERCOURSE
Presidential Documents

Executive Order ... 12163

Title 48 published on 2014-10-01

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 48 CFR 732 after this date.

  • 2014-12-16; vol. 79 # 241 - Tuesday, December 16, 2014
    1. 79 FR 74681 - Incorporate Various Administrative Changes and Internal Policies Into the USAID Acquisition Regulation (AIDAR)
      GPO FDSys XML | Text
      AGENCY FOR INTERNATIONAL DEVELOPMENT
      Proposed rule.
      Submit comments on or before January 15, 2015.
      48 CFR Parts 701, 702, 703, 704, 705, 706, 707, 709, 711, 713, 714, 715, 716, 717, 719, 722, 725, 726, 727, 728, 731, 732, 733, 736, 742, 745, 747, 750, and 752