FAR 32.702

Policy.

No officer or employee of the Government may create or authorize an obligation in excess of the funds available, or in advance of appropriations (Anti-Deficiency Act, 31 U.S.C. 1341 ), unless otherwise authorized by law. Before executing any contract, the contracting officer shall- (a) Obtain written assurance from responsible fiscal authority that adequate funds are available or (b) Expressly condition the contract upon availability of funds in accordance with 32.703-2 .

Source: acquisition.gov — FAR

← 32.611 32.703-1 →

More parts

Previous part: FAR 31 — Contract Cost Principles and Procedures Next part: FAR 33 — Protests, Disputes, and Appeals DFARS counterpart: 232 — Contract Financing

Have a solicitation to win?

Paste it into the free Contrax bid scorer — get an AI win-probability score with the FAR clauses that matter, in seconds. No signup required.

Score any bid — free Browse the full FAR & DFARS library