[Code of Federal Regulations]

[Title 48, Volume 4]

[Revised as of October 1, 2006]

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

[CITE: 48CFR332.705-2]



[Page 60]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                  CHAPTER 3--HEALTH AND HUMAN SERVICES

 

PART 332_CONTRACT FINANCING--Table of Contents

 

                     Subpart 332.7_Contract Funding

 

Sec. 332.705-2  Clauses for limitation of costs or funds.



    (c)(1) When using the Limitation of Funds clause (FAR 52.232-22) in 

the solicitation and resultant incrementally funded contract, the 

contracting officer shall insert the following legend between the clause 

title and the clause text:



(This clause supersedes the Limitation of Cost clause found in the 

General Provisions of this contract.)



    (2) The contracting officer shall also include a clause reading 

substantially as that shown in 352.232-74 in the Special Provisions of 

the resultant incrementally funded contract.

    (3) The request for proposals must inform prospective offerors of 

the Department's intention to enter into an incrementally funded 

contract. Therefore, the contracting officer shall include the provision 

at 352.232-75 in the request for proposals whenever the use of 

incremental funding is contemplated.



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