[Code of Federal Regulations]
[Title 48, Volume 7]
[Revised as of October 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 48CFR3417.207]

[Page 71]
 
            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM
 
       CHAPTER 34--DEPARTMENT OF EDUCATION ACQUISITION REGULATION
 
PART 3417--SPECIAL CONTRACTING METHODS--Table of Contents
 
                         Subpart 3417.2--Options
 
Sec. 3417.207  Exercise of options.


    If any provision in a contract requires that an option may only be 
exercised within a specified time after funds become available, the same 
provision must specify that the date on which funds are available means 
the date funds become available to the contracting officer for 
obligation.

[53 FR 19122, May 26, 1988]

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