Code of Federal Regulations · Section
§ 32.703-1 — 32.703-1 General
48 C.F.R. § 32.703-1
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(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.
Authorizing Statute
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Chapter 137 legacy provisions10 U.S.C. § 3016
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Administrative40 U.S.C. § 121
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General authority41 U.S.C. § 1121
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Powers of the Administration in performance of functions51 U.S.C. § 20113