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48 CFR 2432.703-3

2432.703-3 Contracts crossing fiscal years.

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

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48 CFR 2432.703-3, 2432.703-3 Contracts crossing fiscal years, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/252190
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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 one year.

Legislative history

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