Sec. 1602. Advance payments for commercial satellite communication services
134 words·~1 min read·
/bill/119/hr/3838/eh/section-1602·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 3805 of title 10, United States Code, is amended— in subsection (b), by striking The head and inserting Except as provided by subsection (e), the head ; in subsection (c), by striking Advance and inserting Except as provided by subsection (e), advance ; and by adding at the end the following new subsection: The head of the agency may satisfy the adequate security requirements of subsection
(b)with respect to advance payments for commercial satellite communication services by making a written determination of— the creditworthiness of the provider of such services; and the ability of the provider to remain a going concern during the period of the advanced payment. With respect to advance payments for commercial satellite communication services, subsection
(c)shall be administered by substituting 100 percent for 15 percent . .