Statutes, codes, and regulations
Code of Federal Regulations
Title 41 - PUBLIC CONTRACTS AND PROPERTY MANAGEMENTSubtitle C - FEDERAL PROPERTY MANAGEMENT REGULATIONS SYSTEMChapter 102 - FEDERAL MANAGEMENT REGULATIONSubchapter C - REAL PROPERTYPart 102-85 - PRICING POLICY FOR OCCUPANCY IN GSA SPACE
Subpart B - OCCUPANCY AGREEMENT
Section 102-85.65 - How does an OA obligate the customer agency?

41 C.F.R. § 102-85.65

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Current through September 30, 2024
Section 102-85.65 - How does an OA obligate the customer agency?

An OA obligates the executing customer agency to fund the current-year Rent obligation owed GSA, as well as to reimburse GSA for any other bona fide obligations that GSA may have incurred on behalf of the customer agency. Although the OA is an interagency agreement, memorializing the understanding of GSA and its customer agency, the OA may not be construed as obligating future year customer agency funds until they are legally available. A multi-year OA commitment assumes the customer agency will seek the necessary funding through budget and appropriations processes.

41 C.F.R. § 102-85.65