Title 49 — TransportationRelease 119-73
§40126 Severable services contracts for periods crossing fiscal years
Title 49 › Subtitle SUBTITLE VII— - AVIATION PROGRAMS › Part PART A— - AIR COMMERCE AND SAFETY › Subpart subpart i— - general › Chapter CHAPTER 401— - GENERAL PROVISIONS › § 40126
Summary
The FAA may make a services contract that crosses two fiscal years if, excluding extension options, it lasts no more than 1 year, and funds for a fiscal year may pay its total cost.
Full Legal Text
Title 49, §40126
Transportation — Source: USLM XML via OLRC
(a)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)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).
Legislative History
Notes & Related Subsidiaries
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.
Reference
Citations & Metadata
Citation
49 U.S.C. § 40126
Title 49 — Transportation
Last Updated
Apr 6, 2026
Release point: 119-73