Overview
FAR 32.701 is a placeholder within Subpart 32.7 (Contract Funding) that currently contains no active regulatory language or specific requirements.
Key Rules
- Placeholder Designation: The term "[Reserved]" indicates that the section number is being maintained for structural consistency within the FAR, but it currently lacks content.
- No Regulatory Effect: Because the section is reserved, there are no definitions, policies, or procedures established under this specific citation.
- Structural Preservation: This allows the FAR to undergo future revisions or additions without requiring the renumbering of subsequent sections like 32.702.
Practical Implications
- Contracting officers and contractors should bypass this section and look to adjacent sections (such as FAR 32.702 or 32.703) for applicable rules regarding the availability of funds and funding policies.