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Current as of January 01, 2024 | Updated by Findlaw Staff
(a)In general.--In carrying out authorities provided to the Secretary to design, construct, accept, or otherwise acquire assets and systems under section 501(d), the Secretary, acting through the Commandant or the head of an integrated program office established for a major acquisition program, may enter into contracts for a major acquisition program and 3 Polar Security Cutters in addition to those approved as part of a major acquisition program on November 1, 2019.
(b)Authorized methods.--Contracts entered into under subsection (a)--
(1) may be block buy contracts;
(2) may be incrementally funded;
(3) may include combined purchases, also known as economic order quantity purchases, of--
(A) materials and components; and
(B) long lead time materials; and
(4) as provided in section 3501 of title 10, may be multiyear contracts.
(c)Subject to appropriations.--Any contract entered into under subsection (a) shall provide that any obligation of the United States to make a payment under the contract is subject to the availability of amounts specifically provided in advance for that purpose in subsequent appropriations Acts.
Cite this article: FindLaw.com - 14 U.S.C. § 1137 - U.S. Code - Unannotated Title 14. Coast Guard § 1137. Contracting for major acquisitions programs - last updated January 01, 2024 | https://codes.findlaw.com/us/title-14-coast-guard/14-usc-sect-1137/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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