48 CFR §7.400
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
This subpart—
- (a)Implements section 555 of the FAA (Federal Aviation Administration) Reauthorization Act of 2018 (Pub. L. 115-254);
- (b)Provides guidance when acquiring equipment and more than one method of acquisition is available for use; and
- (c)Applies to both the initial acquisition of equipment and the renewal or extension of existing equipment leases or rental agreements.