LOO-CO
Letter of Offer and Acceptance – Contracting Office
Definition
A Letter of Offer and Acceptance from a Contracting Office is a formal document presenting contract terms for acceptance. In FMS contexts, LOO-CO documents establish the formal offer from the U.S. government to foreign purchasers, administered through contracting office procedures.
LOO-CO processing involves both FMS case management and contract administration functions. Understanding LOO-CO procedures helps contractors navigate FMS contracting requirements. LOO-CO acceptance initiates formal contract obligations and performance requirements.
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