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42 U.S. Code § 5027

Multiyear grants or contracts

42 U.S. Code § 5027. Multiyear grants or contracts

(a) Maximum period; compliance requirements where period exceeds 1 year; pro rata reductions where funding below prior fiscal year amounts
(1) Subject to paragraph (2) and the availability of funds, the Director may make a grant or enter into a contract under part A, B, or C for a period not to exceed 3 years. Each applicant who receives a grant, or enters into a contract, under such part for a period exceeding 1 year shall comply with such regulations as the Director may issue to require such applicant—
(A)
to demonstrate that such applicant is in compliance with such part and with the terms and conditions of such grant or contract; and
(B)
to provide information to update the application submitted to obtain such grant or contract.
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