49 U.S.C. § 40126

U.S.C. Title 49 - TRANSPORTATION
49 U.S.C.

United States Code, 2024 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.

Official source