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41 U.S.C. § 4302

U.S. CodeFederalPositive Law
Adjustment of threshold amount of covered contract
About This Law
/us/usc/t41/s4302
Title
41 — Public Contracts
Chapter
STI/DC/CH43
Release
119-84
Release Date
2026-04-17

Section Text

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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 RevisedSectionSource (U.S. Code)Source (Statutes at Large) 430241:256(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.

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