Code of Federal Regulations · Section
§ 7.400 — 7.400 Scope Of Subpart
48 C.F.R. § 7.400
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This subpart—
(a) Implements section 555 of the FAA (Federal Aviation Administration) Reauthorization Act of 2018 (Pub. L. 115-254);
(b) Provides guidance when acquiring equipment and more than one method of acquisition is available for use; and
(c) Applies to both the initial acquisition of equipment and the renewal or extension of existing equipment leases or rental agreements.
Authorizing Statute
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Administrative40 U.S.C. § 121
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Powers of the Administration in performance of functions51 U.S.C. § 20113
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Chapter 137 legacy provisions10 U.S.C. § 3016