FAR 32.706-2

Clauses for limitation of cost or funds.

(a) The contracting officer shall insert the clause at 52.232-20 , Limitation of Cost, in solicitations and contracts if a fully funded cost-reimbursement contract is contemplated, whether or not the contract provides for payment of a fee. (b) The contracting officer shall insert the clause at 52.232-22 , Limitation of Funds, in solicitations and contracts if an incrementally funded cost-reimbursement contract is contemplated.

Source: acquisition.gov — FAR

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

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