Staged Projects. If a project is com- pleted in stages, the term of the Con- tract must relate separately to the units in each stage unless the Agency and the owner agree that only the units in the first stage will be assisted for the maximum term of the Contract. The total Contract term, for the units in all stages, beginning with the effec- tive date of the Contract for the first stage, may not exceed the overall max- imum term allowable for any one unit under this section, plus two years. [45 FR 56327, Aug. 22, 1980, as amended at 48 FR 12710, Mar. 28, 1983; 49 FR 17449, Apr. 24, 1984] § 883.604 Maximum annual commit- ment and project account.
Appears in 13 contracts
Samples: www.govinfo.gov, www.govinfo.gov, www.govinfo.gov
