(e) MULTI-YEAR CONTRACT FUNDING CLAUSES.
(1) Once it has been determined how to fund the contemplated multi-year contract, you should explain the funding approach in contract language that will become the parties' agreement regarding contract funding. Procedural details that are strictly of in-house (Government) interest need not be included in contract clauses. But the timing and amount of obligations are of prime interest to potential offerors and the contractor, as well as to the Government. The contract language regarding funding should take the form of two clauses. The first establishes the basic, statute-based approach to funding multi-year contracts. The second clause should provide the details of how much will be obligated at what times during the period of performance of the contract. The drafting of these clauses is covered in detail in Chapter 12 of this guide.