Title 50 › Chapter CHAPTER 29— - NATIONAL DEFENSE CONTRACTS › § 1432
It bars these actions: cost-plus-percentage contracts; actions that break laws limiting profits; skipping competitive bidding when the law requires formal advertising; waiving bonds required by law; raising the price above the lowest rejected bid for contracts under section 2304(a)(15) of title 10 or section 252(c)(13) of title 41; and formalizing informal promises unless normal buying procedures were impracticable when the promise was made.
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War and National Defense — Source: USLM XML via OLRC
Legislative History
Reference
Citation
50 U.S.C. § 1432
Title 50 — War and National Defense
Last Updated
Apr 6, 2026
Release point: 119-73