48 CFR 232.703-3
232.703-3 Contracts crossing fiscal years.
United States · 48 CFR — Federal Acquisition Regulations System · Status: effective
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- Citation
- 48 CFR 232.703-3, 232.703-3 Contracts crossing fiscal years, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/243993
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Full text
(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).
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.