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Code · BILL · 113th Congress · H.R. 3979 (EAH) — 113 HR 3979 EAH: Carl Levin and Howard P. ‘Buck’ McKeon National Defense Authorization Act for Fiscal Year 2015 · Sec. 3113

Sec. 3113. Life-cycle cost estimates of certain atomic energy defense capital assets

212 words·~1 min read·/bill/113/hr/3979/eah/section-3113

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Subtitle A of title XLVII of the Atomic Energy Defense Act ( 50 U.S.C. 2741 et seq. ) is amended by adding at the end the following new section: The Secretary of Energy shall ensure that an independent life-cycle cost estimate under Department of Energy Order 413.3 (relating to program management and project management for the acquisition of capital assets) of each capital asset described in subsection
(b)is conducted before the asset achieves critical decision 2 in the acquisition process. A capital asset described in this subsection is an atomic energy defense capital asset— the total project cost of which exceeds $100,000,000; and the purpose of which is to perform a limited-life, single-purpose mission. For purposes of subsection (a), the term independent , with respect to a life-cycle cost estimate of a capital asset, means that the life-cycle cost estimate is prepared by an organization independent of the project sponsor, using the same detailed technical and procurement information as the sponsor, to determine if the life-cycle cost estimate of the sponsor is accurate and reasonable. . The table of contents for such Act is amended by inserting after the item relating to section 4713 the following new item: Sec. 4714. Life-cycle cost estimates of certain atomic energy defense capital assets. .
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  • 50 USC 2741
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Sec. 3113
Life-cycle cost estimates of certain atomic energy defense capital assets
Cite50 USC 2741
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