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Code · BILL · 117th Congress · S. 4543 (Reported in Senate) — To authorize appropriations for fiscal year 2023 for military activities of the Department of Defense, for military c... · Sec. 354

Sec. 354. Notification of increase in retention rates for Navy ship repair contracts

88 words·~1 min read·/bill/117/s/4543/rs/section-354·

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Not later than 30 days before making a change to increase the level of retention rates for a Navy ship repair contract, the Secretary of the Navy shall notify the congressional defense committees. A notification under subsection
(a)with respect to a change to increase the level of retention rates for a Navy ship repair contract shall include the following information: An identification of any considerations that informed the decision to increase such rates. The desired effect the change will have on the Navy ship repair industrial base.
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