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Showing results for tags '52.232-22'.
Good afternoon everyone, I have a couple questions concerning FAR 52.232-22 Limitation of Funds that I was hoping someone could answer. Does the LOF clause apply to each CLIN on a contract? In other words, if I have a contract containing a CPFF CLIN for Labor and a COST only CLIN for Travel, would I have to give separate notifications for each CLIN once 75% of the current funding is expended? Or is it based on the overall cumulative funded amount of both CLINS (Labor & Travel), in which case I would then give notice when 75% of the combined funding is expended. Is FAR
I would respectfully request some assistance interpreting FAR 52.232-22. Recently, we had some CLIN's go cost in excess on a large contract with numerous other CLIN's. We requested additional funding on these CLIN's but the PCO balked at the request and is maintaining that we should have sent a limitation of funds notice on those CLIN's. There is no special notice requirement in the PWS related to funds expenditure, however FAR 52.232-22 is present in the contract. My reading of the clause is that the contractor is required to notice the government only when total contract dollars will exceed