Sec. 1023. National Sea-Based Deterrence Fund
264 words·~1 min read·
/bill/114/s/2943/enr/section-1023·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2218a of title 10, United States Code, is amended— by redesignating subsections
(i)and
(j)as subsections
(j)and (k), respectively; and by inserting after subsection
(h)the following new subsection (i): To implement the continuous production of the common missile compartment, the Secretary of the Navy may use funds deposited in the Fund, in conjunction with funds appropriated for the procurement of other nuclear-powered vessels, to enter into one or more multiyear contracts (including economic ordering quantity contracts), for the procurement of critical contractor-furnished and Government-furnished components for the common missile compartments of national sea-based deterrence vessels. The authority under this subsection extends to the procurement of equivalent critical parts, components, systems, and subsystems common with and required for other nuclear-powered vessels. In each annual budget request submitted to Congress, the Secretary shall clearly identify funds requested for the common missile compartment and the individual ships and programs for which such funds are requested. Any contract entered into pursuant to paragraph
(1)shall provide that any obligation of the United States to make a payment under the contract is subject to the availability of appropriations for that purpose and that the total liability to the Government for the termination of the contract shall be limited to the total amount of funding obligated for the contract as of the date of the termination. . Subsection (k)(2) of such section, as redesignated by subsection (b), is amended— by striking any vessel and inserting any submersible vessel constructed or purchased after fiscal year 2016 that is ; and by inserting and before that carries .