§ 5953. Term of concessions contracts

Latest version.

A concessions contract entered into pursuant to this subchapter shall generally be awarded for a term of 10 years or less. However, the Secretary may award a contract for a term of up to 20 years if the Secretary determines that the contract terms and conditions, including the required construction of capital improvements, warrant a longer term.

(Pub. L. 105–391, title IV, § 404, Nov. 13, 1998, 112 Stat. 3508; Pub. L. 106–176, title III, § 311, Mar. 10, 2000, 114 Stat. 34.)

Amendments

2000—Pub. L. 106–176, which directed the substitution of “contract terms and conditions,” for “conract terms and conditions,”, could not be executed because the words ”conract terms and conditions,” did not appear.

                    
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