42 U.S.C. § 2202

Contracts

The President may, in advance, exempt any specific action of the Commission in a particular matter from the provisions of law relating to contracts whenever he determines that such action is essential in the interest of the common defense and security.

( Aug. 1, 1946, ch. 724 , title I, § 162, as added Aug. 30, 1954, ch. 1073, § 1 , 68 Stat. 951 ; renumbered title I, Pub. L. 102–486, title IX, § 902(a)(8) , Oct. 24, 1992 , 106 Stat. 2944 .)