[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-85.65]

[Page 293]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-85_PRICING POLICY FOR OCCUPANCY IN GSA SPACE--Table of Contents
 
                      Subpart B_Occupancy Agreement
 
Sec. 102-85.65  How does an OA obligate the customer agency?

    An OA obligates the executing customer agency to fund the current-
year Rent obligation owed GSA, as well as to reimburse GSA for any other 
bona fide obligations that GSA may have incurred on behalf of the 
customer agency. Although the OA is an interagency agreement, 
memorializing the understanding of GSA and its customer agency, the OA 
may not be construed as obligating future year customer agency funds 
until they are legally available. A multi-year OA commitment assumes the 
customer agency will seek the necessary funding through budget and 
appropriations processes.