GroundRules
← Search the law
Federal regulations · Through 2026-08-25 · Newer source version available

48 CFR 632.702-70: 632.702-70 DOS policy.

Read at publisher ↗
Where this section sits in the code
  1. Title 48—Federal Acquisition Regulations System
  2. CHAPTER 6—DEPARTMENT OF STATE
  3. SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS
  4. PART 632—CONTRACT FINANCING
  5. Subpart 632.7—Contract Funding

The Department's policy is to provide full funding for all contracts, to the maximum extent practicable. FAR 32.704 and 32.705-2 provide for incremental funding of cost-reimbursement contracts. Fixed-price, labor-hour, and time-and-materials contracts for severable services may also be incrementally funded if full funding is not available at the time of contract award and the contracting officer executes a determination and findings, approved by the requirements office, justifying the need for incremental funding due to the unavailability of funds.

Collected 2026-08-27T02:26:29Z. Source file · JSON

Browse this collection