GroundRules
48 CFR 243.204-70-4: 243.204-70-4 Limitations on obligations.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE
- SUBCHAPTER G—CONTRACT MANAGEMENT
- PART 243—CONTRACT MODIFICATIONS
- Subpart 243.2—Change Orders
(a) The Government shall not obligate more than 50 percent of the not-to-exceed price before definitization. However, if a contractor submits a qualifying proposal before 50 percent of the not-to-exceed price has been obligated by the Government, the limitation on obligations before definitization may be increased to no more than 75 percent (see 232.102-70 for coverage on provisional delivery payments).
(b) Obligations should be consistent with the contractor's requirements for the undefinitized period.
Collected 2026-08-27T02:26:29Z. Source file · JSON