1. Regulations
  2. title 48
  3. chapter 1
  4. part 7
  5. subpart 7.4
  6. § 7.404

View all text of Subpart 7.4 [7.400 - 7.404]

7.404 - 7.404 Contract clause.

The contracting officer shall insert a clause substantially the same as the clause in 52.207-5, Option to Purchase Equipment, in solicitations and contracts involving a rental or lease agreement with option to purchase.

[59 FR 67026, Dec. 28, 1994, as amended at 86 FR 31072, June 10, 2021]

AUTHORITY: 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

SOURCE: 48 FR 42124, Sept. 19, 1983, unless otherwise noted.

CITE AS: 48 CFR 7.404