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FAR

FAR

FAC Number: 2024-03
Effective Date: 02/23/2024

32.702 Policy.

32.702 Policy.

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.

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