# Federal Acquisition Regulation; Irrevocable Letters of Credit
> **US Department of Defense** · Final rule. · Published 2014-10-14 · Effective 2014-11-13 · 79 FR 61743
## Document
- **Document number:** 2014-24239
- **Category:** other
- **Sub-agency:** US Department of Defense
- **Federal Register citation:** 79 FR 61743
- **CFR reference:** 48 CFR 1
- **Publication date:** 2014-10-14
- **Effective date:** 2014-11-13
- **DOD docket:** FAC 2005-77
## Abstract

DoD, GSA, and NASA are issuing a final rule amending the Federal Acquisition Regulation (FAR) to remove all references to Office of Federal Procurement Policy (OFPP) Pamphlet No. 7, Use of Irrevocable Letters of Credit, and also provide updated sources of data required to verify the credit worthiness of a financial entity issuing or confirming an irrevocable letter of credit (ILC).

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2014/10/14/2014-24239/federal-acquisition-regulation-irrevocable-letters-of-credit)
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