§ 2416. Contracts and other funding arrangements
(a)
Qualification of contracts or arrangements
No contracts or other funding arrangements may be entered into under this chapter unless—
(1)
such contracts or other funding arrangements will be consistent with the policies and purposes of this chapter and of potential benefit to other users in the public or private sectors;
(b)
Duration of contracts or arrangements
No contract or other funding arrangement shall be made or entered into pursuant to the provisions of this chapter for a period of more than three years.
(c)
Non-Federal share of project in cash or in kind
Any non-Federal share of a project may be in cash or in kind, fairly evaluated, including, but not limited to, plant, equipment, or services.