North Carolina § 143B-1356 - Multiyear contracts; Attorney General assistance.
Full text of North Carolina North Carolina General Statutes § 143B-1356 — Multiyear contracts; Attorney General assistance., with citation guidance and answers to common questions.
§ 143B-1356. Multiyear contracts; Attorney General assistance.
Notwithstanding the cash management provisions of G.S. 147-86.11, the Department may procure information technology goods and services for periods up to a total of three years where the terms of the procurement contracts require payment of all or a portion of the contract price at the beginning of the contract agreement. All of the following conditions shall be met before payment for these agreements may be disbursed: Any advance payment can be accomplished within the IT Internal Service Fund budget. The State Controller receives conclusive evidence that the proposed agreement would be more cost-effective than a multiyear agreement that complies with G.S. 147-86.11. The procurement complies in all other aspects with applicable statutes and rules. The proposed agreement contains contract terms that protect the financial interest of the State against contractor nonperformance or insolvency through the creation of escrow accounts for funds, source codes, or both, or by any other reasonable means that have legally binding effect. At the request of the State CIO, the Attorney General shall provide legal advice and services necessary to implement this Article. The Office of State Budget and Management shall ensure the savings from any authorized agreement shall be included in the IT Internal Service Fund rate calculations before approving annual proposed rates. Any savings resulting from the agreements shall be returned to agencies included in the contract in the form of reduced rates. History (2015-241, s. 7A.2(b).) Editor's Note. - Session Laws 2015-241, s. 7A.2(b), enacted this section as G.S. 143B-1329. The section has been renumbered as G.S. 143B-1356 at the direction of the Revisor of Statutes. Session Laws 2015-241, s. 1.1, provides: "This act shall be known as 'The Current Operations and Capital Improvements Appropriations Act of 2015.'" Session Laws 2015-241, s. 33.6, is a severability clause.
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 143B-1356
What does North Carolina General Statutes § 143B-1356 cover?
Section 143B-1356 ("Multiyear contracts; Attorney General assistance.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. 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 North Carolina § 143B-1356?
A common citation format is "North Carolina General Statutes § 143B-1356" (North Carolina). 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 North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 143B-1356 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina 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 North Carolina.