Sec. 124. Multiyear procurement authority for Virginia class submarine program
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/bill/115/hr/2810/eh/section-124·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to section 2306b of title 10, United States Code, the Secretary of the Navy may enter into one or more multiyear contracts, beginning with the fiscal year 2019 program year, for the procurement of up to 13 Virginia class submarines at a rate of not more than 3 submarines per year during the covered period. Before entering into any contract for the procurement of a Virginia class submarine under subsection (a), the Secretary of Navy shall determine a baseline estimate for the submarine in accordance with section 2435 of title 10, United States Code. The Secretary of the Navy may not enter into a contract for the procurement of a Virginia class submarine under subsection
(a)if the contract would increase the cost of the submarine by more than 10 percent above the baseline estimate for the submarine determined under subsection (b). The Secretary may enter into one or more contracts, beginning in fiscal year 2018, for advance procurement— associated with the vessels for which authorization to enter into a multiyear procurement contract is provided under subsection (a); and for other equipment and subsystems associated with the Virginia class submarine program. A contract entered into under subsection
(a)shall provide that any obligation of the United States to make a payment under the contract for a fiscal year after fiscal year 2018 is subject to the availability of appropriations or funds for that purpose for such later fiscal year. In this section: The term covered period means the 5-year period beginning with the fiscal year 2019 program year and ending with the fiscal year 2023 program year. The term Virginia class submarine means a block V configured Virginia class submarine.