Federal long-term contract
Defined in 1 place of the United States Code.
The term “Federal long-term contract” means any long-term contract—
(A) to which the United States (or any agency or instrumentality thereof) is a party, or
(B) which is a subcontract under a contract described in subparagraph (A).
Source
- 1994–present26 U.S.C. § 460Internal Revenue Code · Special rules for long-term contracts · for purposes of this section