Regulations last checked for updates: May 03, 2025

Title 48 - Federal Acquisition Regulations System last revised: Oct 18, 2025
1232.770-1 - 1232.770-1 Scope of section.

This section provides policy and procedures for using incremental funding for fixed-price, time-and-material and labor-hour contracts during a period in which funds are provided to the DOT and its operating administrations under a continuing resolution. Heads of the contracting activities may develop necessary supplemental internal procedures and guidance to advise offerors and contractors of these policies and procedures.

authority: 5 U.S.C. 301; 41 U.S.C. 1121(c)(3); 41 U.S.C. 1702; and 48 CFR 1.301 through 1.304
source: 87 FR 61159, Oct. 7, 2022, unless otherwise noted.
cite as: 48 CFR 1232.770-1