48 C.F.R. § 32.703.1 — General.
Federal Acquisition Regulations System 1 2023-10-01 2023-10-01 false General. 32.703-1 Section 32.703-1 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Contract Funding 32.703–1 General. (a) If the contract is fully funded, funds are obligated to cover the price or target price of a fixed-price contract or the estimated cost and any fee of a cost-reimbursement contract. (b) If the contract is incrementally funded, funds are obligated to cover the amount allotted and any corresponding increment of fee.