Statutory Text

41 U.S.C. § 4302 — Adjustment of threshold amount of covered contract

U.S.C. Title 41 - PUBLIC CONTRACTS 41 U.S.C. United States Code, 2023 Edition Title 41 - PUBLIC CONTRACTS Subtitle I - Federal Procurement Policy Division C - Procurement CHAPTER 43 - ALLOWABLE COSTS Sec. 4302 - Adjustment of threshold amount of covered contract From the U.S. Government Publishing Office, www.gpo.gov

§4302. Adjustment of threshold amount of covered contract

Effective on October 1 of each year that is divisible by 5, the amount set forth in section 4301(2) of this title shall be adjusted to the equivalent amount in constant fiscal year 1994 dollars. An adjusted amount that is not evenly divisible by $50,000 shall be rounded to the nearest multiple of $50,000. If an amount is evenly divisible by $25,000 but is not evenly divisible by $50,000, the amount shall be rounded to the next higher multiple of $50,000.

(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3784.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

4302 41:256(l)(2). June 30, 1949, ch. 288, title III, §306(l)(2), as added Pub. L. 100–700, §8(a)(1), Nov. 19, 1988, 102 Stat. 4634; Pub. L. 103–355, title II, §2151, Oct. 13, 1994, 108 Stat. 3315.

Source: uscode.house.gov — public domain Official Source ↗

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41 U.S.C. § 4302

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This page was generated from primary source data retrieved via the GovInfo API (api.govinfo.gov). The statutory text of 41 U.S.C. § 4302 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel.

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← 41 U.S.C. § 4301 41 U.S.C. § 4303 →

Ch. 43 — Contract Modifications

41 U.S.C. § 4301 41 U.S.C. § 4302 41 U.S.C. § 4303 41 U.S.C. § 4304 41 U.S.C. § 4305 41 U.S.C. § 4306 41 U.S.C. § 4307 41 U.S.C. § 4308 41 U.S.C. § 4309 41 U.S.C. § 4310

41 U.S.C. — public domain ← All Legislation