Incremental Funding on Construction Contracts
Started by Capobian · Dec 21, 2012 · 3 replies
- COriginal post
Capobian
Dec 21, 2012 · 13y ago
Hey Folks,
Is it possible (read legal) to incrementally fund a construction contract with a performance period of less than 6 months? My gut says no since it's non-severable, but I wanted to reach out to the community to get other opinions.
I know it's not intelligent to incrementally fund it, but I'm looking for anything which explicitly makes it illegal.
Thanks!
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Guest Vern Edwards
Dec 21, 2012 · 13y ago
What do you mean by "explicitly"? You are not going to find any official document that says it's illegal to incrementally fund a construction contract with a performance period of less than six months.
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C Culham
Dec 21, 2012 · 13y ago
Have you read your agencies supplement to the FAR? Some supplements do place sideboards on incremental funding and might even mention construction specifically. You will most likely find the discussion, if any, in the agency supplement to FAR 32.7.
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Guest Vern Edwards
Dec 21, 2012 · 13y ago
Or your agency's financial management policy or regulation, such as DOD FMR 7000.14-R.