§1032.770-4. Policy.
48 C.F.R. § 1032.770-4
A fixed-price, time-and-materials or labor-hour contract or order for commercial or non-commercial supplies or severable or non-severable services may be incrementally funded when—
Funds are provided to a Treasury Departmental Office or Bureau under a CR. This includes funds appropriated to a bureau, funds appropriated to another entity that will be directly obligated on a Treasury contract, and funds in a revolving fund or similar account that will be reimbursed by a customer agency funded by a CR;
Sufficient funds are not being allocated from the responsible fiscal authority to fully fund the contract action that is otherwise authorized to be issued;
There is no statutory restriction that would preclude the proposed use of funds;
Funds are available and unexpired, as of the date the funds are obligated;
Assurance is provided by the responsible financial authority that full funding is anticipated once an Appropriation Act is enacted; and
The clause prescribed by 1032.770-7 is incorporated into the contract or order.
Incremental funding may be limited to individual line item(s) or a particular order(s).
Notes, amendments, and revision history
Source
Source: 81 FR 80609, Nov. 16, 2016, unless otherwise noted.
Authority
Authority: 41 U.S.C. 1707.
Source
Source: 76 FR 42057, July 18, 2011, unless otherwise noted.