FAR 32.702 Policy
Section Federal Acquisition Regulation
Facts
- Citation
- FAR 32.702
- Type
- Section
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this section.
Text
No officer or employee of the Government may create or authorize an obligation in excess of the funds available, or in advance of appropriations (Anti-Deficiency Act,31 U.S.C. 1341), unless otherwise authorized by law. Before executing any contract, the contracting officer shall-
(a) Obtain written assurance from responsible fiscal authority that adequate funds are available or
(b) Expressly condition the contract upon availability of funds in accordance with 32.703-2.
Sections cited
- FAR 32.703-2 Contracts conditioned upon availability of funds
Quick answers
What is FAR 32.702?
FAR 32.702 is a section of the Federal Acquisition Regulation, titled "Policy".
Are changes to FAR 32.702 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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