--- type: "LegalText" title: "49 U.S.C. § 40126" description: "Severable services contracts for periods crossing fiscal years" jurisdiction: "us" corpus: "united_states_code" kind: "code_section" title_number: 49 title_name: "TRANSPORTATION" chapter_number: "401" chapter_name: "GENERAL PROVISIONS" section: "40126" citation: "49 U.S.C. § 40126" status: "current" release_point: "119-100" release_date: "2026-06-26" source: "official" source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc49@119-100.zip" source_identifier: "/us/usc/t49/s40126" source_file: "data/legal/raw/us/code/title-49/usc49.xml" source_hash: "8c9cf3cb0a8a0f4094ab2318a37566745047901887257d3255444af7aa99388c" raw_snapshot_hash: "0786acdd244d8f42c5a8e8ed1ec2a8dcb47dd0e02a286752710a20745702a4fb" text_hash: "d0f7f44e3b886f149acfe6a3214a868ddbdfb355bcc5d36e9f5a844a5af1bf22" retrieved_at: "2026-07-04" confidence: "official" tags: ["legal", "us-code"] --- # 49 U.S.C. § 40126 - Severable services contracts for periods crossing fiscal years ## Text (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). (Added Pub. L. 106–181, title VII, § 705(a), Apr. 5, 2000, 114 Stat. 157.) ## Notes Statutory Notes and Related Subsidiaries Effective DateSection applicable only to fiscal years beginning after Sept. 30, 1999, see section 3 of Pub. L. 106–181, set out as an Effective Date of 2000 Amendments note under section 106 of this title.