49 USC § 40126 - Severable services contracts for periods crossing fiscal years

---
identifier: "/us/usc/t49/s40126"
source: "usc"
legal_status: "official_legal_evidence"
title: "49 USC § 40126 - Severable services contracts for periods crossing fiscal years"
title_number: 49
title_name: "TRANSPORTATION"
section_number: "40126"
section_name: "Severable services contracts for periods crossing fiscal years"
chapter_number: 401
chapter_name: "GENERAL PROVISIONS"
part_number: "A"
part_name: "AIR COMMERCE AND SAFETY"
positive_law: true
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Added Pub. L. 106–181, title VII, § 705(a), Apr. 5, 2000, 114 Stat. 157.)"
---


# § 40126. Severable services contracts for periods crossing fiscal years

**(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).

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**Source Credit**: (Added Pub. L. 106–181, title VII, § 705(a), Apr. 5, 2000, 114 Stat. 157.)

## Statutory Notes and Related Subsidiaries

### Effective Date

Section applicable only to fiscal years beginning after , see , set out as an Effective Date of 2000 Amendments note under .