---
kind: "section"
citation: "48 C.F.R. § 32.700"
title: "48"
number: "32.700"
heading: "Scope of subpart."
url: "https://uscodex.org/cfr/48/32.700"
---

# §32.700. Scope of subpart.


This subpart (a) describes basic requirements for contract funding and (b) prescribes procedures for using limitation of cost or limitation of funds clauses. Detailed acquisition funding requirements are contained in agency fiscal regulations.


## Notes

### Authority

Authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.

### Source

Source: 48 FR 42328, Sept. 19, 1983, unless otherwise noted.