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Current as of January 01, 2024 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - 41 U.S.C. § 3902 - U.S. Code - Unannotated Title 41. Public Contracts § 3902. Severable services contracts for periods crossing fiscal years - last updated January 01, 2024 | https://codes.findlaw.com/us/title-41-public-contracts/41-usc-sect-3902/
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