Sec. 502. Leases and co-location agreements
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Notwithstanding any other provision of law, in fiscal year 2020 and each fiscal year thereafter, the Administrator of the National Oceanic and Atmospheric Administration may execute noncompetitive leases and co-location agreements for real property and incidental goods and services with entities described in subsection
(b)for periods of not more than 30 years, if each such lease or agreement is supported by a price reasonableness analysis. An entity described in this subsection is— the government of any State, territory, possession, or locality in the United States; any Tribal organization (as defined in section 4 of the Indian Self-Determination and Education Assistance Act ( 25 U.S.C. 5304 )); any subdivision of— a government described in paragraph (1); or an organization described in paragraph (2); or any organization that is— organized under the laws of the United States or any jurisdiction within the United States; and described in section 501(c) of the Internal Revenue Code of 1986 and exempt from tax under section 501(a) of such Code. The obligation of amounts for leases and agreements executed under subsection
(a)is limited to the fiscal year for which payments are due, without regard to sections 1341(a)(1), 1501(a)(1), 1502(a), and 1517(a) of title 31, United States Code. Upon the execution of a lease or agreement authorized by subsection
(a)with an entity, the Administrator may enter into agreements with the entity to collaborate or engage in projects or programs on matters of mutual interest for periods not to exceed the term of the lease or agreement. The cost of such agreements shall be apportioned equitably, as determined by the Administrator.
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Sec. 502
Leases and co-location agreements
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