Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 48 - Federal Acquisition Regulations System |
Chapter 4 - Department of Agriculture |
SubChapter E - General Contracting Requirements |
Part 432 - Contract Financing |
Subpart 432.7 - Contract Funding |
§ 432.703-3 - Contracts crossing fiscal years.
Latest version.
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432.703-3 Contracts crossing fiscal years.
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).