Conversion of U.S. dollars to local currency.

Federal Acquisition Regulations System 5 2023-10-01 2023-10-01 false Conversion of U.S. dollars to local currency. 752.7010 Section 752.7010 Federal Acquisition Regulations System AGENCY FOR INTERNATIONAL DEVELOPMENT CLAUSES AND FORMS SOLICITATION PROVISIONS AND CONTRACT CLAUSES Texts of USAID Contract Clauses 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]