41 USC § 4302 - Adjustment of threshold amount of covered contract | Title 41 - Public Contracts | U.S. Code

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Current through Pub. L. 113-7. (See Public Laws for the current Congress.)

Effective on October 1 of each year that is divisible by 5, the amount set forth in section 4301 (2) of this title shall be adjusted to the equivalent amount in constant fiscal year 1994 dollars. An adjusted amount that is not evenly divisible by $50,000 shall be rounded to the nearest multiple of $50,000. If an amount is evenly divisible by $25,000 but is not evenly divisible by $50,000, the amount shall be rounded to the next higher multiple of $50,000.

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Effective on October 1 of each year that is divisible by 5, the amount set forth in section 4301 (2) of this title shall be adjusted to the equivalent amount in constant fiscal year 1994 dollars. An adjusted amount that is not evenly divisible by $50,000 shall be rounded to the nearest multiple of $50,000. If an amount is evenly divisible by $25,000 but is not evenly divisible by $50,000, the amount shall be rounded to the next higher multiple of $50,000.

Source

(Pub. L. 111–350, § 3,Jan. 4, 2011, 124 Stat. 3784.)

Historical and Revision Notes
Revised Section	Source (U.S. Code)	Source (Statutes at Large)
4302
41:256(l)(2).
June 30, 1949, ch. 288, title III, § 306(l)(2), as added Pub. L. 100–700, § 8(a)(1), Nov. 19, 1988, 102 Stat. 4634; Pub. L. 103–355, title II, § 2151, Oct. 13, 1994, 108 Stat. 3315.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, April 16, 2013

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41 USC	Description of Change	Session Year	Public Law	Statutes at Large

41 USC § 4302 - Adjustment of threshold amount of covered contract

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