FEDERAL · 49 U.S.C. · Chapter 401
Severable services contracts for periods crossing fiscal years
Current through Pub. L. 119-102
(a)In General.—The Administrator of the Federal Aviation Administration may enter into a contract for procurement of severable services for a period that begins in 1 fiscal year and ends in the next fiscal year if (without regard to any option to extend the period of the contract) the contract period does not exceed 1 year.
(b)Obligation of Funds.—Funds made available for a fiscal year may be obligated for the total amount of a contract entered into under the authority of subsection (a).
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49 U.S.C. § 40126 (Severable services contracts for periods crossing fiscal years) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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History
(Added Pub. L. 106–181, title VII, §705(a), Apr. 5, 2000, 114 Stat. 157.)
Editorial Notes
Statutory Notes and Related Subsidiaries
Effective Date
Section applicable only to fiscal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106–181, set out as an Effective Date of 2000 Amendments note under section 106 of this title.
Effective Date
Section applicable only to fiscal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106–181, set out as an Effective Date of 2000 Amendments note under section 106 of this title.