45 CFR § 800.304 - Term of the contract.

---
identifier: "/us/cfr/t45/s800.304"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "45 CFR § 800.304 - Term of the contract."
title_number: 45
title_name: "Public Welfare"
section_number: "800.304"
section_name: "Term of the contract."
chapter_name: "OFFICE OF PERSONNEL MANAGEMENT"
part_number: "800"
part_name: "MULTI-STATE PLAN PROGRAM"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 1334 of Pub. L. 111-148, 124 Stat. 119; Pub. L. 111-152, 124 Stat. 1029 (42 U.S.C. 18054)."
regulatory_source: "80 FR 9655, Feb. 24, 2015; 80 FR 16577, Mar. 30, 2015, unless otherwise noted."
cfr_part: "800"
---


# 800.304 Term of the contract.

(a) *Term of a contract.* The term of the contract will be specified in the MSP Program contract and must be for a period of at least the 12 consecutive months defined as the plan year.

(b) *Plan year.* The plan year is a consecutive 12-month period during which an MSP option provides coverage for health benefits. A plan year may be a calendar year or otherwise.