§432.703-3. Contracts crossing fiscal years.
48 C.F.R. § 432.703-3
Funds appropriated to USDA may be used for one-year contracts which are to be performed in two fiscal years so long as the total amount for such contracts is obligated in the year for which the funds are appropriated (7 U.S.C. 2209c).
Notes, amendments, and revision history
Authority
Authority: 5 U.S.C. 301 and 40 U.S.C. 486(c).
Source
Source: 89 FR 81015, Oct. 7, 2024, unless otherwise noted.