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Title 14: Aeronautics and Space
CHAPTER V: NATIONAL AERONAUTICS AND SPACE ADMINISTRATION
PART 1274: COOPERATIVE AGREEMENTS WITH COMMERCIAL FIRMS
Subpart 1274.9: Other Provisions and Special Conditions
1274.909 - Term of agreement.
Term of Agreement
July 2002
(a) The agreement commences on the effective date indicated on the attached cover sheet and continues until the expiration date indicated on the attached cover sheet unless terminated by either party. If all resources are expended prior to the expiration date of the agreement, the parties have no obligation to continue performance and may elect to cease at that point. The parties may extend the expiration date if additional time is required to complete the milestones at no increase in Government resources. Requests for approval for no-cost extensions must be forwarded to the NASA Agreement Officer no later than ten days prior to the expiration of the award to be considered.
(b) Provisions of this Agreement, which, by their express terms or by necessary implication, apply for periods of time other than that specified as the agreement term, shall be given effect, notwithstanding expiration of the term of the agreement.
[End of provision]
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