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48 CFR · Federal Acquisition Regulation and Defense supplement

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The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

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38 sections with “limitation of cost or funds clause”

  • FAR 32.706-2 Clauses for limitation of cost or funds.
    (a) The contracting officer shall insert the clause at 52.232-20, Limitation of Cost, in solicitations and contracts if a fully funded cost-reimbursement contract is contemplated, whether or not the contract provides for payment of a fee. …
  • FAR 32.704 Limitation of cost or funds.
    (a)(1) When a contract contains the clause at 52.232-20, Limitation of Cost; or 52.232-22, Limitation of Funds, the contracting officer, upon learning that the contractor is approaching the estimated cost of the contract or the limit of the…
  • FAR 12.301 Solicitation provisions and contract clauses for the acquisition of commercial products and commercial services.
    …tracts by addendum other FAR provisions and clauses when their use is consistent with the limitations contained in 12.302. For example: (1) The contracting officer may use the provision at 52.201-1, Acquisition 360: Voluntary Survey, as pr…
  • FAR 52.232-22 Limitation of Funds.
    … designation may be substituted for “Schedule” wherever that word appears in the clause: Limitation of Funds (APR 1984) (a) The parties estimate that performance of this contract will not cost the Government more than (1) the estimated co…
  • FAR 43.105 Availability of funds.
    …cts that— (1) Are conditioned on availability of funds (see 32.703-2); or (2) Contain a limitation of cost or funds clause (see 32.704). (b) The certification required by paragraph (a) above shall be based on the negotiated price, except…
  • DFARS 252.227-7014 Rights in Other Than Commercial Computer Software and Other Than Commercial Computer Software Documentation.
    …ftware for performance of a Government contract that contains the clause at 252.227-7025, Limitations on the Use or Disclosure of Government-Furnished Information Marked with Restrictive Legends. Developed means that— (1) A computer progr…
  • DFARS 252.227-7018 Rights in Other Than Commercial Technical Data and Computer Software—Small Business Innovation Research Program and Small Business Technology Transfer Program.
    …ftware for performance of a Government contract that contains the clause at 252.227-7025, Limitations on the Use or Disclosure of Government-Furnished Information Marked with Restrictive Legends. Detailed manufacturing or process data mean…
  • FAR 12.503 Applicability of certain laws to Executive agency contracts for the acquisition of commercial products and commercial services.
    …ducation, and Certain Other Departments and Agencies (see 9.110). (2) 31 U.S.C. 1354(a), Limitation on Use of Appropriated Funds for Contracts with Entities Not Meeting Veterans' Employment Reporting Requirements (see 22.1302). (3) 41 U.S…
  • DFARS 252.232-7007 Limitation of Government's obligation.
    As prescribed in 232.706-70, use the following clause: Limitation of Government's Obligation (APR 2014) (a) Contract line item(s) [Contracting Officer insert after negotiations] is/are incrementally funded. For this/these item(s), the sum…
  • FAR 52.216-7 Allowable Cost and Payment.
    …ount to prior fiscal year and budgetary data. (B) General organizational information and limitation on allowability of compensation for certain contractor personnel. See 31.205-6(p). Additional salary reference information is available at …
  • FAR 32.700 Scope of subpart.
    …describes basic requirements for contract funding and (b) prescribes procedures for using limitation of cost or limitation of funds clauses. Detailed acquisition funding requirements are contained in agency fiscal regulations.
  • FAR 52.243-2 Changes—Cost-Reimbursement.
    …t be obligated to continue performance or incur costs beyond the point established in the Limitation of Cost or Limitation of Funds clause of this contract. (End of clause) Alternate I (APR 1984). If the requirement is for services and no…
  • DFARS 232.704-70 Incrementally funded fixed-price contracts.
    …pon receipt of the contractor's notice under paragraph (c) of the clause at 252.232-7007, Limitation of Government's Obligation, the contracting officer shall promptly provide written notice to the contractor that the Government is— (1) Al…
  • DFARS 236.570 Additional provisions and clauses.
    …utions, when construction will be performed on or near airfields. (4) 252.236-7006, Cost Limitation, if the solicitation's bid schedule contains one or more items subject to statutory cost limitations, and if a waiver has not been granted …
  • DFARS 252.227-7013 Rights in Technical Data—Other Than Commercial Products and Commercial Services.
    …ftware for performance of a Government contract that contains the clause at 252.227-7025, Limitations on the Use or Disclosure of Government-Furnished Information Marked with Restrictive Legends. Detailed manufacturing or process data mean…
  • DFARS 252.249-7000 Special termination costs.
    …hich subcontractors may be entitled in the event of termination. (b) Notwithstanding the Limitation of Cost/Limitation of Funds clause of this contract, the Contractor shall not include in its estimate of costs incurred or to be incurred, …
  • FAR 27.408 Cosponsored research and development activities.
    …ntal purposes (including reprocurement rights as appropriate), and address any disclosure limitations or restrictions to be imposed on the data. Also, consideration may be given to requiring the contractor to directly license others if need…
  • FAR 32.604 Demand for payment.
    …pecific contract terms (e.g., debts resulting from incentive clause provisions, Quarterly Limitation on Payments Statement, Cost Accounting Standards, price reduction for defective pricing), a notification stating that payment should be mad…
  • FAR 49.603-3 Cost-reimbursement contracts—complete termination, if settlement includes cost.
    … because of the requirements of Acts of Congress and Executive Orders, including, without limitation, any applicable clauses relating to: labor law, contingent fees, domestic articles, and employment of aliens.” [If the contract contains cl…
  • FAR 52.203-12 Limitation on Payments to Influence Certain Federal Transactions.
    As prescribed in 3.808(b), insert the following clause: Limitation on Payments To influence Certain Federal Transactions (JUN 2020) (a) Definitions. As used in this clause— Agency means executive agency as defined in Federal Acquisition …
  • FAR 52.222-41 Service Contract Labor Standards.
    … subcontractor under this contract may be relieved of the foregoing obligation unless the limitations of 29 CFR 4.1b(b) apply or unless the Secretary of Labor or the Secretary's authorized representative finds, after a hearing as provided i…
  • FAR 52.250-1 Indemnification Under Public Law 85-804.
    …regardless of any other provisions of this contract, the Government shall, subject to the limitations contained in the other paragraphs of this clause, indemnify the Contractor against— (1) Claims (including reasonable expenses of litigati…
  • FAR 43.201 General.
    …not obligated to continue performance or incur costs beyond the limits established in the Limitation of Cost or Limitation of Funds clause (see 32.706-2). (c) The contracting officer may issue a change order by electronic means without a S…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    … merchantable and fit for use for the particular purpose described in this contract. (p) Limitation of liability. Except as otherwise provided by an express warranty, the Contractor will not be liable to the Government for consequential da…
  • FAR 52.228-7 Insurance—Liability to Third Persons.
    …ns not compensated by insurance or otherwise without regard to and as an exception to the limitation of cost or the limitation of funds clause of this contract. These liabilities must arise out of the performance of this contract, whether o…
  • DFARS 227.7103-5 Government rights.
    …e data for performance of a Government contract that contains the clause at 252.227-7025, Limitations on the Use or Disclosure of Government-Furnished Information Marked with Restrictive Legends. (5) When technical data marked with governm…
  • DFARS 252.242-7006 Accounting System Administration.
    …able; (15) Cost accounting information, as required— (i) By contract clauses concerning limitation of cost (FAR 52.232-20), limitation of funds (FAR 52.232-22), or allowable cost and payment (FAR 52.216-7); and (ii) To readily calculate …
  • FAR 2.101 Definitions.
    …g, furnishing of materials, or servicing and maintenance work. The terms include, without limitation, buildings, structures, and improvements of all types, such as bridges, dams, plants, highways, parkways, streets, subways, tunnels, sewers…
  • FAR 16.603-2 Application.
    …clause. (d) The maximum liability of the Government inserted in the clause at 52.216-24, Limitation of Government Liability, shall be the estimated amount necessary to cover the contractor's requirements for funds before definitization. Ho…
  • FAR 16.702 Basic agreements.
    …and use existing basic agreements of another agency to the maximum practical extent. (c) Limitations. A basic agreement shall not— (1) Cite appropriations or obligate funds; (2) State or imply any agreement by the Government to place fut…
  • FAR 32.409-3 Security, supervision, and covenants.
    …dges of collateral; (3) Subordination or standby of other indebtedness; (4) Controls or limitations on profit distributions, salaries, bonuses or commissions, rentals and royalties, capital expenditures, creation of liens, retirement of s…
  • FAR 42.302 Contract administration functions.
    …the contracting officer when it jeopardizes contract performance. (18) Analyze quarterly limitation on payments statements and take action in accordance with Subpart 32.6 to recover overpayments from the contractor. (19) Issue tax exempti…
  • FAR 52.216-5 Price Redetermination—Prospective.
    …requested additional payments, refunds, or credits shall be made promptly. (h) Quarterly limitation on payments statement. This paragraph (h) applies only during periods for which firm prices have not been established. (1) Within 45 days …
  • FAR 52.216-6 Price Redetermination—Retroactive.
    …resulting additional payments, refunds, or credits shall be made promptly. (g) Quarterly limitation on payments statement. This paragraph (g) shall apply until final price redetermination under this contract has been completed. (1) Within…
  • FAR 52.216-16 Incentive Price Revision—Firm Target.
    …resulting additional payments, refunds, or credits shall be made promptly. (g) Quarterly limitation on payments statement. This paragraph (g) shall apply until final price revision under this contract has been completed. (1) Within 45 day…
  • FAR 52.216-17 Incentive Price Revision—Successive Targets.
    …resulting additional payments, refunds, or credits shall be made promptly. (i) Quarterly limitation on payments statement. This paragraph (i) shall apply until a firm fixed price or a total final price is established under subparagraph (d)…
  • FAR 52.232-12 Advance Payments.
    …ted estimated cost inserted in this paragraph.] The estimated cost shall include, without limitation, any reimbursable cost (as estimated by the Contracting Officer) incident to a termination for the convenience of the Government. Any payme…
  • FAR 52.245-1 Government Property.
    …ontracts that clearly identify items to be provided and the extent of any restrictions or limitations on their use. The Contractor shall ensure appropriate flow down of contract terms and conditions (e.g., extent of liability for loss of Go…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.