48 CFR 2432.703-3: 2432.703-3 Contracts crossing fiscal years.
Where this section sits in the code
- Title 48—Federal Acquisition Regulations System
- CHAPTER 24—DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
- SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
- PART 2432—CONTRACT FINANCING
- Subpart 2432.7—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 one year.
Collected 2026-08-27T02:26:29Z. Source file · JSON