10 USC 2410 - Sec. 2410a. Contracts for periods crossing fiscal years: severable service contracts; leases of real or personal property

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(a) Authority. - (1) The Secretary of Defense, the Secretary of a military department, or the Secretary of Homeland Security with respect to the Coast Guard when it is not operating as a service in the Navy, may enter into a contract for a purpose described in paragraph (2) 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. (2) The purpose of a contract described in this paragraph is as follows: (A) The procurement of severable services. (B) The lease of real or personal property, including the maintenance of such property when contracted for as part of the lease agreement. (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).

Historical And Revision Notes

Section is based on Pub. L. 99-190, Sec. 101(b) [title VIII, Sec. 8005(e), (h), (l)], Dec. 19, 1985, 99 Stat. 1185, 1202. AMENDMENTS 2003 - Pub. L. 108-136, Sec. 1005(b)(1), amended section catchline generally, substituting "Contracts for periods crossing fiscal years: severable service contracts; leases of real or personal property" for "Severable service contracts for periods crossing fiscal years". Subsec. (a). Pub. L. 108-136, Sec. 1005(a), inserted "(1)" before "The Secretary of Defense", substituted "for a purpose described in paragraph (2)" for "for procurement of severable services", and added par. (2). 2002 - Subsec. (a). Pub. L. 107-296 substituted "of Homeland Security" for "of Transportation". 1997 - Pub. L. 105-85 amended section generally.

Prior to amendment, section related to availability of appropriated funds for payments under contracts for various types of maintenance, leases, and operations and authorized Secretary of Transportation to enter into contracts for procurement of severable services. 1996 - Pub. L. 104-324 designated existing provisions as subsec. (a) and added subsec. (b). 1991 - Par. (1). Pub. L. 102-190, Sec. 342(1), inserted ", equipment," after "tools". Par. (4). Pub. L. 102-190, Sec. 342(2), added par. (4).

EFFECTIVE DATE OF 2003 AMENDMENT

Pub. L. 108-136, div. A, title X, Sec. 1005(c), Nov. 24, 2003, 117 Stat. 1585, provided that: "The amendments made by this section [amending this section] shall not apply to funds appropriated for a fiscal year before fiscal year 2004."

EFFECTIVE DATE OF 2002 AMENDMENT

Amendment by Pub. L. 107-296 effective on the date of transfer of the Coast Guard to the Department of Homeland Security, see section 1704(g) of Pub. L. 107-296, set out as a note under section 101 of this title.