[Code of Federal Regulations]

[Title 48, Volume 1]

[Revised as of October 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 48CFR50]



[Page 963]

 

            TITLE 48--FEDERAL ACQUISITION REGULATIONS SYSTEM

 

                CHAPTER 1--FEDERAL ACQUISITION REGULATION

 

PART 50_EXTRAORDINARY CONTRACTUAL ACTIONS--Table of Contents

 

                          Subpart 50.1_General

 

50.101  Authority.





    (a) The Act empowers the President to authorize agencies exercising 

functions in connection with the national defense to enter into, amend, 

and modify contracts, without regard to other provisions of law related 

to making, performing, amending, or modifying contracts, whenever the 

President considers that such action would facilitate the national 

defense.

    (b) The Executive Order authorizes the heads of the following 

agencies to exercise the authority conferred by the Act and to delegate 

it to other officials within the agency: the Government Printing Office; 

the Federal Emergency Management Agency; the Tennessee Valley Authority; 

the National Aeronautics and Space Administration; the General Services 

Administration; the Defense, Army, Navy, Air Force, Treasury, Interior, 

Agriculture, Commerce, and Transportation Departments; the Department of 

Energy for functions transferred to that Department from other 

authorized agencies; and any other agency that may be authorized by the 

President.