[§103F-410] Multi-term contracts. A contract for health and human services may be for any period of time and for multiple terms if the head of a purchasing agency deems it to be in the best interest of the purchasing agency to enter into an extended term or multi-term contract, provided the possibility of an extended term or multi-term contract is included in the request for proposals, if applicable, funds are available for the first fiscal period of the initial term of the contract when the contract is executed, and the contract expressly provides that extension or renewal is subject to the availability and appropriation of funds. [L 1997, c 190, pt of §2]
Section: Previous 103f-403 103f-404 103f-405 103f-406 103f-407 103f-408 103f-409 103f-410 103f-411 103f-412 103f-413 103f-414 103f-501 103f-502 103f-503 NextLast modified: October 27, 2016