Sec. 1024. EXTENSION AND REMEDIATION OF NAVY CONTRACTING ACTIONS
461 words·~2 min read·
/statute-compilations/comps-11141/sec-1024A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 1024 EXTENSION AND REMEDIATION OF NAVY CONTRACTING ACTIONS ###
(a)Authority for Short-term Extension or Renewal of Leases for Vessels Supporting the Transit Protection System Escort Program ####
(1)In general Notwithstanding section 2401 of title 10, United States Code, the Secretary of the Navy may extend or renew the lease of not more than four blocking vessels supporting the Transit Protection System Escort Program after the date of the expiration of the lease of such vessels, as in effect on the date of the enactment of this Act. Such an extension shall be for a term that is the shorter of— #####
(A)the period beginning on the date of the expiration of the lease in effect on the date of the enactment of this Act and ending on the date on which the Secretary determines that a substitute is available for the capabilities provided by the lease, or that the capabilities provided by the vessel are no longer required; or #####
(B)180 days. ####
(2)Funding Amounts authorized to be appropriated by section 301 and available for operation and maintenance, Navy, as specified in the funding tables in section 4301, may be available for the extension or renewal of a lease under paragraph (1). ####
(3)Notice to congress Prior to extending or renewing a lease under paragraph (1), the Secretary of the Navy shall submit to the congressional defense committees notification of the proposed extension or renewal. Such notification shall include— #####
(A)a detailed description of the term of the proposed contract for the extension or renewal of the lease and a justification for extending or renewing the lease rather than obtaining the capability provided for by the lease, charter, or services involved through purchase of the vessel; and #####
(B)a plan for meeting the capability provided for by the lease upon the completion of the term of the lease contract, as extended or renewed under paragraph (1). ###
(b)Authority for Acceptance of Payment in Kind in Settlement of A-12 Aircraft Litigation Notwithstanding any other provision of law, during fiscal year 2014 and any subsequent fiscal year, the Secretary of the Navy is authorized to accept and retain the following consideration in lieu of a monetary payment for purposes of the settlement of A-12 aircraft litigation arising from the default termination of Contract No. N00019-88-C-0050: ####
(1)From General Dynamics Corporation, credit in an amount not to exceed $198,000,000 toward the design, construction, and delivery of the steel deckhouse, hangar, and aft missile launching system for the DDG 1002. ####
(2)From the Boeing Company, three EA-18G Growler aircraft, with installed Airborne Electric Attack kits, valued at an amount not to exceed $198,000,000, at no cost to the Department of the Navy.