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Current as of October 02, 2022 | Updated by FindLaw Staff
(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.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.32.706-2 332.706–2 Provision and clauses for limitation of cost or funds - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-332-706-2.html
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