Limitation of Funds definition

Limitation of Funds. In no case shall the Government' s financial liability exceed the amount obligated under this Agreement
Limitation of Funds amount. The CITY shall compensate the CONSULTANT for the actual work performed under this Work Order.
Limitation of Funds. CM’s financial liability will not exceed the amount made available by the Government to CM and obligated by CM under the Research Project Award for Research Project Awardee’s projects under the OTA.

Examples of Limitation of Funds in a sentence

  • Nothing in the foregoing obligates Subcontractor to continue performance or incur costs beyond the point established, if applicable, in any Limitation of Cost or Limitation of Funds articles in this Subcontract.

  • Communication with the CO is particularly important for incrementally funded contracts subject to the Limitation of Funds clause, FAR 52.232-22, and for cost-reimbursable contracts subject to the Limitation of Cost clause, FAR 52.232-20.

  • For incrementally funded Subcontracts funded via Federal Contracts, the Limitation of Funds Clause (FAR 52.232-22) shall also apply, and when such an individual Subcontract becomes fully funded, the Limitation of Cost Clause (FAR 52.232-20) shall then become applicable.

  • Also refer to the requirements of the Limitation of Funds and Limitation of Cost Clauses in the contract.

  • As prescribed in 632.706-70, insert the following clause: Limitation of Funds (AUG 1999) (a) Of the total price in Section B (or the “Prices” section), only the amount stated on the contract award document or subsequent modifications is now available for payment and obligated under this contract.


More Definitions of Limitation of Funds

Limitation of Funds. In no case shall SCRA Applied R&D’s financial liability exceed the amount obligated under this Agreement.
Limitation of Funds. (whichever is applicable) require the Contractor to continue to perform work until the total number of man-hours of direct labor specified in paragraph (a) shall have been expended, at no increase in fixed fee of this contract.
Limitation of Funds clause (whichever is applicable to this contract), the level of effort for the performance of work under this contract shall be as follows: Total Staff-hours ITEM of Direct Labor ---- ----------------- 0001 520,000 0004 520,000 0007 520,000 0010 520,000 0013 520,000 *** This material has been omitted pursuant to a request for confidential treatment. The material has been filed separately with the Securities and Exchange Commission.
Limitation of Funds clause (whichever is applicable to this contract), the level of effort for the performance of work under this contract shall be as follows:
Limitation of Funds applies to this contract. Any notification required on the part of the Contract shall be made in writing to the Contracting Officer. In the event that the contract is not funded beyond the estimated cost set forth in the schedule, the Contractor shall deliver to the Contracting Officer the data collected and the material produced or in process or acquired in connection with the performance of the project provided herein together with a summary report in five copies of its progress and accomplishments to date.
Limitation of Funds. In no case shall the Program Administrator’s financial liability exceed the amount obligated under each Task Order and available for payment.
Limitation of Funds. Except as set forth in Article VII, CAO’s financial liability will not exceed the amount made available by the Government to CAO and obligated by CAO under the Project Task Assignment for Project Agreement Awardee’s projects under the OTA.