FAR 7.404 — Contract clause
Regulatory text. Not legal advice.
The contracting officer shall insert a clause substantially the same as the clause in FAR 52.207-5, Option to Purchase Equipment, in solicitations and contracts involving a rental or lease agreement with option to purchase.
Citation history: [59 FR 67026, Dec. 28, 1994, as amended at 86 FR 31072, June 10, 2021]
Source: eCFR • Pulled 2026-04-16