Code of Federal Regulations · Section

§ 232.703-3 — 232.703-3 Contracts Crossing Fiscal Years

48 C.F.R. § 232.703-3

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(b) The contracting officer may enter into a contract, exercise an option, or place an order under a contract for severable services for a period that begins in one fiscal year and ends in the next fiscal year if the period of the contract awarded, option exercised, or order placed does not exceed 1 year (10 U.S.C. 3133).

48 C.F.R. § 232.703-1 48 C.F.R. § 232.703-70

Authorizing Statute

Contracts for periods crossing fiscal years: severable service contracts; leases of real or personal property
10 U.S.C. § 3133
Functions and authority
41 U.S.C. § 1303