[Code of Federal Regulations]

[Title 48, Volume 7]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR2932.703]



[Page 37]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                     CHAPTER 29--DEPARTMENT OF LABOR

 

PART 2932_CONTRACT FINANCING--Table of Contents

 

                     Subpart 2932.7_Contract Funding

 

Sec. 2932.703  Contract funding requirements.





    (a) Except in unusual circumstances, the contracting office may not 

issue solicitations until an approved procurement request (PR), 

containing a certification that funds are available, has been received. 

However, the contracting office may take all necessary actions up to the 

point of contract obligation before receipt of the PR certifying that 

funds are available when:

    (1) The Assistant Secretaries, Inspector General, Bureau Chief, 

Deputy Under Secretary, Solicitor of Labor, Commissioner, or Director of 

the Women's Bureau certifies that such action is necessary to meet 

critical program schedules for their program area;

    (2) The Budget Officer certifies that program authority has been 

issued and funds to cover the acquisition will be available before the 

date set for receipt of proposals;

    (3) The solicitation includes the clause at FAR 52.232-18, 

Availability of Funds.

    (b) The contracting office may not open bids/close solicitations 

until a PR, either planning or final, has been received that contains a 

certification of fund availability. Only the project or program official 

with the authority to commit funds from the agency that initiated the PR 

may make that written certification.

    (c) The project or program office that initiated the PR is 

responsible for obtaining required certifications.