StacksVerified U.S. regulatory reference

48 CFR §332.703-71

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Incremental funding may be used in cost-reimbursement contracts for severable services only when all of the following circumstances are present:
  1. (a)Funding of increments after the initial increment of performance is provided from the appropriation account available for obligation at that time;
  2. (b)The project represents a bona fide need of the fiscal year in which the contract is awarded and initially funded (i.e., the initial increment of performance) and is also a bona fide need of each subsequent fiscal year whose appropriation will be used; and
  3. (c)The project's significance provides reasonable assurance that subsequent year appropriations will be made available to fund the project's continuation and completion.