Appendices
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Appendix R - Policy on the Use of Standby Letters of Credit as an Alternative to Bid or Contract Security for Federal Government Contracts
Appendix R - Policy on the Use of Standby Letters of Credit as an Alternative to Bid or Contract Security for Federal Government Contracts
Published March 6, 1998. This appendix contains mandatory instructions.
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1. Definitions
2. Nature of Letters of Credit
3. Policy on use of Letter of Credit
4. Form of Letter of Credit
5. Determination of Face Amount and Term of a Letter of Credit
6. Payment of a Letter of Credit
7. ICC Uniform Customs and Practice for Documentary Credits
8. Safekeeping