Sec. 206. Effects on existing contracts
181 words·~1 min read·
/bill/113/hr/1951/ih/section-206·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The President shall not be required to apply or maintain any action under section 205— in the case of procurement of defense articles or defense services— under existing contracts or subcontracts, including the exercise of options for production quantities, to satisfy requirements essential to the national security of the United States; if the President determines in writing and transmits to the appropriate congressional committees a report that the government or the agency or instrumentality of such government to which such action would otherwise be applied is a sole source supplier of such defense articles or services, that such defense articles or services are essential, and that alternative sources are not readily or reasonably available; or if the President determines in writing and transmits to the appropriate congressional committees a report that such defense articles or services are essential to the national security of the United States under defense co-production agreements; or to products or services provided under contracts entered into before the date on which the President publishes in the Federal Register notice of such action in accordance with section 208.