48 CFR § 332.706-2 - 332.706-2 Provision and clauses for limitation of cost or funds.
---
identifier: "/us/cfr/t48/s332.706-2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 332.706-2 - 332.706-2 Provision and clauses for limitation of cost or funds."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "332.706-2"
section_name: "332.706-2 Provision and clauses for limitation of cost or funds."
chapter_number: 3
chapter_name: "HEALTH AND HUMAN SERVICES"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "332"
part_name: "CONTRACT FINANCING"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 40 U.S.C. 121(c)(2)."
regulatory_source: "80 FR 72151, Nov. 18, 2015, unless otherwise noted."
cfr_part: "332"
---
# 332.706-2 332.706-2 Provision and clauses for limitation of cost or funds.
(b) In addition to the clause at FAR 52.232-22, Limitation of Funds, the contracting officer shall insert the provision at 352.232-70, Incremental Funding, in all solicitations when a cost-reimbursement contract for severable services using incremental funding is contemplated. The provision requires the contracting officer to insert a specific increment of performance that the initial funding is expected to cover.