Sec. 831. Pilot program on the use of acquisition authority for Office of Naval Research to aid in technology transition
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/bill/118/hr/2670/rds/section-831·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary of the Navy shall delegate to the Chief of Naval Research acquisition authority to enter into contracts or other agreements for the commercialization of a prototype of the Department of the Navy. A single contract or other agreement entered into under this section may not exceed $10,000,000. An applicant desiring a contract or other agreement under this section submit an application to the Secretary of the Navy at such time, in such manner, and containing such information as the Secretary may require.
Not later than December 31, 2024, the Chief of Naval Research shall provide to the congressional defense committees a briefing on the exercise of the authority under this section and any related policy or implementation issues. Each time the Chief of Naval Research exercises the authority under this section, the Chief shall submit to the congressional defense committees a notification on such exercise. The Chief of Naval Research may not exercise the authority under this section and may not enter into any new contracts or other agreements under this section on or after the date that is five years after the date of the enactment of this Act.
The performance on any contract or other agreement entered into before such date may continue according to the terms of such contract or other agreement.