A community resource for the acquisition workforce — not a .gov website
part52.dev Federal Acquisition Clause Monitor

PGI 232.703-3: Contracts crossing fiscal years.

PGI › Part 232 › PGI 232.703-3

This PGI section supplements: DFARS 232.703-3 · FAR 32.703-3
The corresponding FAR Part 32 and DFARS Part 232 have been overhauled under the RFO. PGI replacement text is provided in the RFO deviation attachment. View FAR Part 32

Current Content

(b) The contracting officer may enter into a contract, exercise an option, or place an order under a contract for severable services for a period that begins in one fiscal year and ends in the next fiscal year if the period of the contract awarded, option exercised, or order placed does not exceed 1 year (10 U.S.C. 3133).

Sources: Search on acquisition.gov · View on acq.osd.mil