Code of Federal Regulations · Section

§ 1552.216-79 — 1552.216-79 Award Term Availability Of Funds

48 C.F.R. § 1552.216-79

View:

As prescribed in 1516.406(c), insert the following clause:

Funds are not presently available for any award term. The Government's obligation under any award term is contingent upon the availability of appropriated funds from which payment can be made. No legal liability on the part of the Government for any award term payment may arise until funds are made available to the Contracting Officer for an award term and until the Contractor receives notice of such availability, to be confirmed in writing by the Contracting Officer.

Authorizing Statute