(a) When allowed. Unless otherwise provided by law, a contract for goods or services may be entered into for any period of time considered to be in the best interests of the County if the term of the contract and conditions of renewal or extension, including prices or an objective means of determining prices for the periods of extension, are included in the solicitation and funds are available for the first fiscal period at the time of contracting. Payment and performance obligations for succeeding fiscal periods are subject to the availability and appropriation of funds.
(b) Funds unavailable in subsequent fiscal period. When funds are not appropriated or otherwise made available to support continuation of performance in a subsequent fiscal period, the contract shall be canceled and the contractor shall be reimbursed for the reasonable value of any nonrecurring costs incurred at the direction of an authorized agent of the County but not amortized in the price of the goods or services delivered under the contract prior to cancellation of the contract. The cost of cancellation may be paid from any appropriations available for such purposes.
(1985 Code, Art. 10, § 2-111) (Bill No. 59-85; Bill No. 58-08; Bill No. 85-13; Bill No. 8-17; Bill No. 80-18)