48 CFR 232.703-3: 232.703-3 Contracts crossing fiscal years.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 232—CONTRACT FINANCING
- Subpart 232.7—Contract Funding
(b) The contracting officer may enter into a contract, exercise an option, or place an order under a contract for severable services for a period that begins in one fiscal year and ends in the next fiscal year if the period of the contract awarded, option exercised, or order placed does not exceed 1 year (10 U.S.C. 3133).
Collected 2026-08-27T02:26:29Z. Source file · JSON