Montana § 76-15-1012 - Terms And Extensions
Full text of Montana Montana Code Annotated § 76-15-1012 — Terms And Extensions, with citation guidance and answers to common questions.
§ 76-15-1012. Terms And Extensions
Terms and extensions. (1) Except as provided in 76-15-1011 , prior to the issuance of a contract it must be determined that the contract meets the selection criteria for proposals and bidding as described in 18-4-303 and 18-4-304 . (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.
Frequently Asked Questions About Montana § 76-15-1012
What does Montana Code Annotated § 76-15-1012 cover?
Section 76-15-1012 ("Terms And Extensions") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 76-15-1012?
A common citation format is "Montana Code Annotated § 76-15-1012" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 76-15-1012 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.