49 U.S.C. · Transportation
49 U.S.C. § 40126

Severable services contracts for periods crossing fiscal years

Ch. 401 — GENERAL PROVISIONS
Title 49 U.S.C. ● ACTIVE Primary Source Ch. 401
Statutory Text

49 U.S.C. § 40126 — Severable services contracts for periods crossing fiscal years

U.S.C. Title 49 - TRANSPORTATION 49 U.S.C. United States Code, 2023 Edition Title 49 - TRANSPORTATION SUBTITLE VII - AVIATION PROGRAMS PART A - AIR COMMERCE AND SAFETY subpart i - general CHAPTER 401 - GENERAL PROVISIONS Sec. 40126 - Severable services contracts for periods crossing fiscal years From the U.S. Government Publishing Office, www.gpo.gov

§40126. Severable services contracts for periods crossing fiscal years

(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.)

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.

Source: uscode.house.gov — public domain Official Source ↗
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49 U.S.C. § 40126
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The statutory text of 49 U.S.C. § 40126 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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