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49 U.S.C. § 40126

U.S. CodeFederalPositive Law
Severable services contracts for periods crossing fiscal years
About This Law
/us/usc/t49/s40126
Title
49 — Transportation
Chapter
STVII/PTA/SPTI/CH401
Release
119-84
Release Date
2026-04-17

Section Text

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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.) Statutory Notes and Related Subsidiaries Effective DateSection 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.

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