Page:United States Statutes at Large Volume 124.djvu/3830

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124 STAT. 3804 PUBLIC LAW 111–350—JAN. 4, 2011 § 6302. Contracts for fuel made by Secretary of the Army The Secretary of the Army, when the Secretary believes it is in the interest of the United States, may enter into contracts and incur obligations for fuel in sufficient quantities to meet the requirements for one year without regard to the current fiscal year. Amounts appropriated for the fiscal year in which the contract is made or amounts appropriated or which may be appropriated for the following fiscal year may be used to pay for supplies deliv- ered under a contract made pursuant to this section. § 6303. Certain contracts limited to appropriated amounts A contract to erect, repair, or furnish a public building, or to make any public improvement, shall not be made on terms requiring the Federal Government to pay more than the amount specifically appropriated for the activity covered by the contract. § 6304. Certain contracts limited to one-year term Except as otherwise provided, an executive department shall not make a contract for stationery or other supplies for a term longer than one year from the time the contract is made. § 6305. Prohibition on transfer of contract and certain allow- able assignments (a) GENERAL PROHIBITION ON TRANSFER OF CONTRACTS.—The party to whom the Federal Government gives a contract or order may not transfer the contract or order, or any interest in the contract or order, to another party. A purported transfer in violation of this subsection annuls the contract or order so far as the Federal Government is concerned, except that all rights of action for breach of contract are reserved to the Federal Government. (b) ASSIGNMENT.— (1) IN GENERAL.—Notwithstanding subsection (a) and in accordance with the requirements of this subsection, amounts due from the Federal Government under a contract may be assigned to a bank, trust company, Federal lending agency, or other financing institution. (2) MINIMUM AMOUNT.—This subsection applies only to a contract under which the aggregate amounts due from the Federal Government total at least $1,000. (3) ACCORD WITH CONTRACT TERMS.—Assignment may not be made under this subsection if the contract forbids the assign- ment. (4) FULL BALANCE DUE.—Unless otherwise expressly per- mitted by the contract, an assignment under this subsection must cover the balance of all amounts due from the Federal Government under the contract. (5) SINGLE ASSIGNMENT.—Unless otherwise expressly per- mitted by the contract, an assignment under this subsection may not be made to more than one party or be subject to further assignment, except that assignment may be made to one party as agent or trustee for 2 or more parties participating in the financing. (6) WRITTEN NOTICE.—The assignee of an assignment under this subsection shall file written notice of the assignment and a true copy of the instrument of assignment with— (A) the contracting officer or head of the officer’s depart- ment or agency;