FAR 32.703-3

(a) A contract that is funded by annual appropriations may not cross fiscal years, except in accordance with statutory authorization ( e.g., 41 U.S.C.6302 , 31 U.S.C.1308 , 42 U.S.C. 2459a , 42 U.S.C.3515 , and paragraph (b) of this subsection), or when the contract calls for an end product that cannot feasibly be subdivided for separate performance in each fiscal year ( e.g., contracts for expert or consultant services). (b) The head of an executive agency, except NASA, 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 oneyear ( 10 U.S.C. 3133 and 41 U.S.C. 3902 ). Funds made available for a fiscal year may be obligated for the total amount of an action entered into under this authority.

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