- (1) Except as provided in 76-15-1011, prior to the issuance of a contract it must be determined that the contract meets the selection criteria for proposals and bidding as described in 18-4-303 and 18-4-304.
- (2) A contract may not be made for a period of more than 7 years.
(3) A contract may be extended or renewed if:
- (a) the terms of the extension or renewal, if any, are included in the solicitation;
- (b) funds are available for the first fiscal period at the time of the agreement; and
- (c) the total contract period, including any extension or renewal, does not exceed 7 years.
- (4) Payment and performance obligations for succeeding fiscal periods are subject to the availability and appropriation of funds for the fiscal periods.
- (5) If funds are not available to support continuation of performance in a subsequent fiscal period, the contract must be canceled.
History: En. Sec. 6, Ch. 155, L. 2015; amd. Sec. 6, Ch. 585, L. 2025.