Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 29 - Department of Labor |
SubChapter D - Socioeconomic Programs |
Part 3525 - FOREIGN ACQUISITION |
Subpart 3525.8 - International Agreements and Coordination |
§ 3525.801-75 - Customary local business usage.
Latest version.
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In acquisitions conducted in the Republic of Panama, customary local business usage, where not inconsistent with the applicable Federal law of the United States, may be followed. When conflicts develop between local business usage and the requirements of the Federal Acquisition Regulation, the matter shall be referred to the Procurement Executive, who shall seek the opinion of legal counsel, as a deviation for processing as required by 3501.405 and FAR 1.405.