Title 49, TransportationRelease 119-110
§40126 Severable Services Contracts for Periods Crossing Fiscal Years
Title 49 › SUBTITLE VII — AVIATION PROGRAMS › PART A — AIR COMMERCE AND SAFETY › subpart i — general › CHAPTER 401 — GENERAL PROVISIONS › § 40126
Summary
FAA may sign ongoing-service contracts that start in one fiscal year and end in the next if the contract itself is no more than 1 year; the money for that fiscal year may be used to pay the contract's full cost.
Full Legal Text
Title 49, §40126
Transportation, Source: USLM XML via OLRC
(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).
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
Sep 22, 2026
Release point: 119-110