(1) Prior to the issuance, extension, or renewal of a contract, it must be determined that:
- (a) estimated requirements cover the period of the contract and are reasonably firm and continuing; and
- (b) the contract will serve the best interests of the conservation district by encouraging effective competition or otherwise promoting economies in conservation district procurement.
- (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.