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48 CFR 432.703-3

432.703-3 Contracts crossing fiscal years.

United States · 48 CFR — Federal Acquisition Regulations System · Status: effective

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48 CFR 432.703-3, 432.703-3 Contracts crossing fiscal years, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/245491
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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).

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.