Is there a minimum dollar amount to deobligate funds on a contract. What regulation or policy substantiates this?
Any such minimum amount is most likely determined by local or agency policy, so I can't point you to a specific policy letter or regulation. Neither the FAR nor DFARS address this. However, some activities will include the wording "DEOBLIGATE ANY REMAINING FUNDS" on the modification and allow DFAS to perform the final determination. I'm not recommending this, but merely stating how this situation is sometimes handled by some contracting officers.
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