{"data":{"id":"us/48-cfr-243.204-70-4","jurisdiction":"us","citation":"48 CFR 243.204-70-4","heading":"243.204-70-4 Limitations on obligations.","body":"(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).\n(b) Obligations should be consistent with the contractor's requirements for the undefinitized period.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"b9d8eabc827c3d0e8d3ff55c67a75036d9af04c219f16dae616a5a5a8dd6d21f","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-243.204-70-3","next":"us/48-cfr-243.204-70-5"},"notice":"GroundRules: Original legal text. Not legal advice."}
