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15 U.S.C. § 2416 — Contracts and other funding arrangements

submitted 51 years ago by Pub. L. 94-136 to r/title-15-COMMERCE-AND-TRADE · 188 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets conditions for Center contracts and funding arrangements, limits them to three years, and allows a non-Federal project share in cash or fairly valued goods and services.

(a) A contract or funding arrangement under this chapter is allowed only if it is consistent with the chapter’s policies and purposes and could benefit other public or private users; includes evaluation of the demonstration program and preservation of improvement data, either by participants under Center specifications or by or for the Center; and requires participants to make public all information about innovations or achievements produced by a Center-funded demonstration. (b) No such contract or arrangement may last more than 3 years. (c) A non-Federal project share may be cash or fairly valued in-kind contributions, including plant, equipment, or services.
the actual law source: uscode.house.gov ↗public domain
(a) Qualification of contracts or arrangements

No contracts or other funding arrangements may be entered into under this chapter unless—

(1)

such contracts or other funding arrangements will be consistent with the policies and purposes of this chapter and of potential benefit to other users in the public or private sectors;

(2)

provisions are made to evaluate the demonstration program and maintain improvement data, such evaluation either to be implemented by the participating parties in accordance with specifications established by the Center, or to be implemented by or on behalf of the Center; and

(3)

the participating parties agree that all information relating to any innovation or achievement generated in the course of any Center-funded demonstration program shall be public information.

(b) Duration of contracts or arrangements

No contract or other funding arrangement shall be made or entered into pursuant to the provisions of this chapter for a period of more than three years.

(c) Non-Federal share of project in cash or in kind

Any non-Federal share of a project may be in cash or in kind, fairly evaluated, including, but not limited to, plant, equipment, or services.

Source credit: (Pub. L. 94–136, title II, § 206, Nov. 28, 1975, 89 Stat. 739.)

history & why it existsrecord from the source credit
  • 1975Enacted · Pub. L. 94-136 · 89 Stat. 739

A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-136 on 1975-11-28.

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