PROCUREMENT PROCEDURES MANUAL OF

A contract with a term in excess of two years requires prior written approval by the local HUD office if the PHA operates under the old ACC form HUD-53011 (11/69). The new ACC form HUD-53012A (7/95), does not specify a term; however, as with other contracts of this length, it is recommended that the PHA issue the contract for two base years ... ................
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