Code · BILL · 117th Congress · H.R. 6865 (Reported in House) — To authorize appropriations for the Coast Guard, and for other purposes. · Sec. 215

Sec. 215. Acquisition life-cycle cost estimates

92 words·~1 min read·/bill/117/hr/6865/rh/section-215

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Section 1132(e) of title 14, United States Code, is amended by striking paragraphs

(2)and

(3)and inserting the following: For each Level 1 or Level 2 acquisition project or program, in addition to life-cycle cost estimates developed under paragraph (1), the Commandant shall require that— such life-cycle cost estimates be updated before— each milestone decision is concluded; and the project or program enters a new acquisition phase; and an independent cost estimate or independent cost assessment, as appropriate, be developed to validate such life-cycle cost estimates developed under paragraph (1). .