48 CFR § 432.703-3 - 432.703-3 Contracts crossing fiscal years.

---
identifier: "/us/cfr/t48/s432.703-3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 432.703-3 - 432.703-3   Contracts crossing fiscal years."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "432.703-3"
section_name: "432.703-3   Contracts crossing fiscal years."
chapter_number: 4
chapter_name: "DEPARTMENT OF AGRICULTURE"
subchapter_number: "E"
subchapter_name: "GENERAL CONTRACTING REQUIREMENTS"
part_number: "432"
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 and 40 U.S.C. 486(c)."
regulatory_source: "89 FR 81015, Oct. 7, 2024, unless otherwise noted."
cfr_part: "432"
---


# 432.703-3 432.703-3   Contracts crossing fiscal years.

Funds appropriated to USDA may be used for one-year contracts which are to be performed in two fiscal years so long as the total amount for such contracts is obligated in the year for which the funds are appropriated (7 U.S.C. 2209c).