49 CFR 29.306: What is the duration of a funding agreement?
Where this section sits in the code
- Title 49—Transportation
- Subtitle A—Office of the Secretary of Transportation
- PART 29—TRIBAL TRANSPORTATION SELF-GOVERNANCE PROGRAM
- Subpart D—Contents of Compacts and Funding Agreements
(a) The duration of a funding agreement is one year unless the Department and a Tribe negotiate a multi-year funding agreement or, for an initial funding agreement, a partial-year agreement.
(b) Each funding agreement will remain in full force and effect until the Department and the Tribe execute a subsequent funding agreement, except when:
(1) The Tribe provides notice to the Department that it is withdrawing or retroceding funds for the operation of one or more PSFAs (or portions thereof) identified in the funding agreement;
(2) The Department terminates the funding agreement under 23 U.S.C. 207(f)(2); or
(3) The Department and the Tribe agree otherwise.
Collected 2026-08-27T02:26:34Z. Source file · JSON