[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: 48CFR352.232-75]



[Page 78]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                  CHAPTER 3--HEALTH AND HUMAN SERVICES

 

PART 352_SOLICITATION PROVISIONS AND CONTRACT CLAUSES--Table of Contents

 

              Subpart 352.2_Texts of Provisions and Clauses

 

Sec. 352.232-75  Incremental funding.



    The following provision shall be included in all requests for 

proposals whenever the use of incremental funding is contemplated:



                     Incremental Funding (JAN 2001)



    (a) It is the Government's intention to negotiate and award a 

contract using the incremental funding concepts described in the clause 

entitled Limitation of Funds. Under the clause, which will be included 

in the resultant contract, initial funds will be obligated under the 

contract to cover the first year of performance. Additional funds are 

intended to be allotted to the contract by contract modification, up to 

and including the full estimated cost of the contract, to accomplish the 

entire project. While it is the Government's intention to progressively 

fund this contract over the entire period of performance up to and 

including the full estimated cost, the Government will not be obligated 

to reimburse the Contractor for costs incurred in excess of the periodic 

allotments, nor will the Contractor be obligated to perform in excess of 

the amount allotted.

    (b) The Limitation of Funds clause to be included in the resultant 

contract shall supersede the Limitation of Cost clause found in the 

General Provisions.



                           (End of provision)