Sec. 212. Regular Polar Security Cutter updates
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Not later than 60 days after the date of enactment of this Act, the Commandant shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate a report on the status of acquisition of the first Polar Security Cutter. The report under paragraph
(1)shall include— a detailed timeline for the acquisition process of the first Polar Security Cutter, including expected milestones and projected commissioning date; an accounting of the previously appropriated funds spent to date on the Polar Security Cutter Program, updated cost projections for the first Polar Security Cutter, and projections for when additional funds will be required; potential factors and risks that could further delay or imperil the completion of the first Polar Security Cutter; and a review of the acquisition of the first Polar Security Cutter to date, including factors that led to substantial cost overruns and delivery delays. Not later than 60 days after the submission of the report under subsection (a), and not less frequently than every 60 days thereafter, the Commandant shall provide to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate a briefing on the status of the Polar Security Cutter acquisition process. The briefings under paragraph
(1)shall occur after any key milestone in the Polar Security Cutter acquisition process, but not less frequently than every 60 days. Each briefing under paragraph
(1)shall include— a summary of acquisition progress since the most recent previous briefing conducted pursuant to paragraph (1); an updated timeline and budget estimate for acquisition and building of pending Polar Security Cutters; and an explanation of any delays or additional costs incurred in the acquisition progress. In addition to the briefings required under subsection (b), the Commandant shall notify the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate within 3 business days of any significant change to the scope or funding level of the Polar Security Cutter acquisition strategy of such change.