Code of Federal Regulations · Section
§ 7.404 — 7.404 Contract Clause
48 C.F.R. § 7.404
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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.
Authorizing Statute
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Administrative40 U.S.C. § 121
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Powers of the Administration in performance of functions51 U.S.C. § 20113
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Chapter 137 legacy provisions10 U.S.C. § 3016