41 USC 3902 - Severable Services Contracts for Periods Crossing Fiscal Years

(a) Authority To Enter Into Contract.—The head of an executive agency may enter into a contract for the procurement of severable services for a period that begins in one 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 one 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 this section.

(Pub. L. 111–350, §3, Jan. 4, 2011, 124 Stat. 3774.)

Historical and Revision Notes

Revised Section	Source (U.S. Code)	Source (Statutes at Large)
3902	41:253l.	June 30, 1949, ch. 288, title III, §303L, as added Pub. L. 103–355, title I, §1073, Oct. 13, 1994, 108 Stat. 3271, as amended Pub. L. 104–106, title XLIII, §4321(a)(1), Feb. 10, 1996, 110 Stat. 671.

Sections:  Previous  3703  3704  3705  3706  3707  3708  3901  3902  3903  3904  3905  3906  4101  4102  4103  Next

Last modified: October 26, 2015