FAR 7.400 — Scope of subpart
Regulatory text. Not legal advice.
This subpart—
(a)
(a) Implements section 555 of the FAA (Federal Aviation Administration) Reauthorization Act of 2018 (Pub. L. 115-254);
(b)
(b) Provides guidance when acquiring equipment and more than one method of acquisition is available for use; and
(c)
(c) Applies to both the initial acquisition of equipment and the renewal or extension of existing equipment leases or rental agreements.
Citation history: [86 FR 31072, June 10, 2021]
Source: eCFR • Pulled 2026-04-16