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To the Finance/Accounting people, the amount available to be spent is the Funded Value. To Business Development, the Contract Value is the amount they want their bonus based on for the win.
A fixed-price contract (FAR Subpart 232.704-70) may be incrementally funded only if its for: Services that do not exceed one year in length and uses funds available (unexpired) as of the date the funds are obligated.
Availability of Funds means that the Lender is satisfied, in the Lenders entire discretion, that the Lender has funds available in sufficient amounts for the continuing operation of the Scheme and the provision of finance to the Borrower.
Availability of Funds means that the Lender is satisfied, in the Lenders entire discretion, that the Lender has funds available in sufficient amounts for the continuing operation of the Scheme and the provision of finance to the Borrower.
(b) Solicitations for such contracts may be issued so long as potential offerors are apprised that although no funds are currently available to award the contract, the PMO and FAM have provided written assertion that the requirement is legitimate and funds have been programmed or committed it will be funded.

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A fixed-price contract (FAR Subpart 232.704-70) may be incrementally funded only if its for: Services that do not exceed one year in length and uses funds available (unexpired) as of the date the funds are obligated.
No legal liability on the part of the Government for any payment may arise until funds are made available to the Contracting Officer for this contract and until the Contractor receives notice of such availability, to be confirmed in writing by the Contracting Officer.

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