76-15-1012. Terms and extensions. (1) Prior to the issuance, extension, or renewal of a contract, it must be determined that:
(a) estimated requirements cover the period of the contract and are reasonably firm and continuing; and
(b) the contract will serve the best interests of the conservation district by encouraging effective competition or otherwise promoting economies in conservation district procurement.
(2) A contract may not be made for a period of more than 7 years.
(3) A contract may be extended or renewed if:
(a) the terms of the extension or renewal, if any, are included in the solicitation;
(b) funds are available for the first fiscal period at the time of the agreement; and
(c) the total contract period, including any extension or renewal, does not exceed 7 years.
(4) Payment and performance obligations for succeeding fiscal periods are subject to the availability and appropriation of funds for the fiscal periods.
(5) If funds are not available to support continuation of performance in a subsequent fiscal period, the contract must be canceled.
History: En. Sec. 6, Ch. 155, L. 2015.
Structure Montana Code Annotated
Title 76. Land Resources and Use
Chapter 15. Conservation Districts
Part 10. Procurement and Competitive Bidding
76-15-1001. Power to enter and execute contracts
76-15-1002. and 76-15-1003 reserved
76-15-1005. Requirements for purchases or construction contracts
76-15-1007. through 76-15-1010 reserved
76-15-1011. Exemptions from advertising and bidding
76-15-1012. Terms and extensions