Sec. 2816. Authorization for cost-plus-incentive-fee contracts for certain Shipyard Infrastructure Optimization Program military construction projects
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Notwithstanding section 3323 of title 10, United States Code, the Secretary of Defense may authorize the use of cost-plus-incentive-fee contracts for military construction projects associated with the Shipyard Infrastructure Optimization Program of the Department of Defense at each of the following locations: Norfolk Naval Shipyard, Virginia. Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility, Hawaii. Portsmouth Naval Shipyard, Maine. Puget Sound Naval Shipyard and Intermediate Maintenance Facility, Washington.
Not later than 180 days after the date of the enactment of this Act, and annually thereafter until the date that is five years from enactment of this Act, the Secretary of the Navy shall provide to the congressional defense committees a briefing on the use of the authority under this section, including the following: An overview of each military construction project commenced or planned using such authority, including contract value and schedule. A comparison of projected cost and the actual cost of contracts described in paragraph (1).
A description of the performance metrics of such contracts. A description of the risk management and incentive plans used to control costs and ensure timely delivery for such contracts. An assessment of lessons learned and recommendations for future use of the authority under this section for military construction projects.