StacksVerified U.S. regulatory reference

48 CFR §32.703-1

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)If the contract is fully funded, funds are obligated to cover the price or target price of a fixed-price contract or the estimated cost and any fee of a cost-reimbursement contract.
  2. (b)If the contract is incrementally funded, funds are obligated to cover the amount allotted and any corresponding increment of fee.