View all text of Chapter 29 [§ 1431 - § 1436]

§ 1432. Restrictions
Nothing in this chapter shall be construed to constitute authorization hereunder for—
(a) the use of the cost-plus-a-percentage-of-cost system of contracting;
(b) any contract in violation of existing law relating to limitation of profits;
(c) the negotiation of purchases of or contracts for property or services required by law to be procured by formal advertising and competitive bidding;
(d) the waiver of any bid, payment, performance, or other bond required by law;
(e) the amendment of a contract negotiated under section 2304(a)(15) 1
1 See References in Text note below.
of title 10 or under section 252(c)(13) 1 of title 41, to increase the contract price to an amount higher than the lowest rejected bid of any responsible bidder; or
(f) the formalization of an informal commitment, unless it is found that at the time the commitment was made it was impracticable to use normal procurement procedures.
(Pub. L. 85–804, § 2, Aug. 28, 1958, 72 Stat. 972.)