Code of Federal Regulations · Section
§ 417.490 — Renewal Of Contract
42 C.F.R. § 417.490
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A contract with an HMO or CMP is renewed automatically for the next 12-month period unless CMS or the HMO or CMP decides not to renew, in accordance with § 417.492.
Authorizing Statute
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Fees and charges for Government services and things of value31 U.S.C. § 9701