§ 40126. Severable services contracts for periods crossing fiscal years

141 words·~1 min read·/usc/title-49/section-40126

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(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).

(Added Pub. L. 106–181, title VII, § 705(a), Apr. 5, 2000, 114 Stat. 157.)

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U.S. Code

Federal Aviation Administration
§ 106

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Pub. L. 106–181, title VII, § 705(a)
114 Stat. 157
section 3 of Pub. L. 106–181

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§ 40126

Severable services contracts for periods crossing fiscal years

U.S.C.§ 106

Pub. L.Pub. L. 106–181, title VII, § 705(a)

Stat.114 Stat. 157

Pub. L.section 3 of Pub. L. 106–181

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