{"data":{"id":"us/48-cfr-632.702-70","jurisdiction":"us","citation":"48 CFR 632.702-70","heading":"632.702-70 DOS policy.","body":"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.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 6—DEPARTMENT OF STATE","SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS","PART 632—CONTRACT FINANCING","Subpart 632.7—Contract Funding"],"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":"39b5aec48c78da621bc93e818b5c169ec0d111a5bb53fe3eb01898dea0311ab8","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-632.702","next":"us/48-cfr-632.703"},"notice":"GroundRules: Original legal text. Not legal advice."}