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Showing results for tags 'anti-deficiency'.
A firm fixed price proposal was negotiated at a value of $800K. Funding at the time was available in the amount of $500K. The contract was awarded at a value of $800K, pursuant to DFARS 252.232-7007, the intention was to incrementally fund the contract in the amount of $500K. At the time, the organization was experiencing issues with the contract writing system, which resulted in the CLINs being inadvertently fully funded, thus over-obligating the $500K funding document by $300K. Unknowingly, the KO signed the contract. Within the same day, the error was discovered A modification was done
When is it appropriate to use the clause, FAR 52.232-18 'Availability of Funds' in solicitations? Working for the Army it has been observed that often times, especially for O&M requirements towards the end of the FY, a contracting office may issue solicitations without express assurance from a requiring activity that a certain, reasonable amount of funds are available for and will be commited to the specific requirement being solicited. In such cases Contracting Officers include the clause, FAR 52.232-18 'Availability of Funds' in the solicitation with the expectation that the requirement