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Title 48 Part 332 → Subpart 332.7 → §332.706-2

Title 48 → Chapter 3 → Subchapter E → Part 332 → Subpart 332.7 → §332.706-2

Electronic Code of Federal Regulations e-CFR

Title 48 Part 332 → Subpart 332.7 → §332.706-2

e-CFR data is current as of September 16, 2019

Title 48Chapter 3Subchapter EPart 332Subpart 332.7 → §332.706-2


Title 48: Federal Acquisition Regulations System
PART 332—CONTRACT FINANCING
Subpart 332.7—Contract Funding


332.706-2   Provision and clauses for limitation of cost or funds.

(b) In addition to the clause at FAR 52.232-22, Limitation of Funds, the contracting officer shall insert the provision at 352.232-70, Incremental Funding, in all solicitations when a cost-reimbursement contract for severable services using incremental funding is contemplated. The provision requires the contracting officer to insert a specific increment of performance that the initial funding is expected to cover.