Collapse to view only 632.703 - 632.703 Contract funding requirements.
- 632.702 - 632.702 Policy.
- 632.702-70 - 632.702-70 DOS policy.
- 632.703 - 632.703 Contract funding requirements.
- 632.703-3 - 632.703-3 Contracts crossing fiscal years.
- 632.706 - 632.706 Contract clauses.
- 632.706-70 - 632.706-70 DOSAR contract clause.
632.702 - 632.702 Policy.
632.702-70 - 632.702-70 DOS policy.
The Department's policy is to provide full funding for all contracts, to the maximum extent practicable. FAR 32.704 and 32.705-2 provide for incremental funding of cost-reimbursement contracts. Fixed-price, labor-hour, and time-and-materials contracts for severable services may also be incrementally funded if full funding is not available at the time of contract award and the contracting officer executes a determination and findings, approved by the requirements office, justifying the need for incremental funding due to the unavailability of funds.
632.703 - 632.703 Contract funding requirements.
632.703-3 - 632.703-3 Contracts crossing fiscal years.
(b) The head of the contracting activity is the agency head for the purpose of FAR 32.703-3(b).
632.706 - 632.706 Contract clauses.
632.706-70 - 632.706-70 DOSAR contract clause.
The contracting officer shall insert the clause at 652.232-72, Limitation of Funds, in incrementally funded fixed-price, labor-hour, and time-and-materials solicitations and contracts for severable services.