Sec. 1716. INDEPENDENT REVIEW OF TRANSPORTATION WORKING-CAPITAL FUND

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## SEC. 1716 INDEPENDENT REVIEW OF TRANSPORTATION WORKING-CAPITAL FUND ###

(a)In General Not later than 30 days after the date of the enactment of this Act, the Secretary of Defense, in coordination with the Secretary of each of the military departments, shall enter into a contract with a federally funded research and development center for the conduct of an independent review of the transportation working-capital fund (hereinafter referred to as the “TWCF”) of the United States Transportation Command. ###

(b)Matters for Inclusion The review conducted under subsection

(a)shall include each of the following: ####

(1)The viability of the TWCF as it is structured as of the date of the enactment of this Act. ####

(2)An assessment of any instances in which excess TWCF funds were used for procurement or modernization efforts that would not otherwise have been funded using amounts made available for operation and maintenance. ####

(3)Recommendations for how the TWCF could be restructured in order to make the fund more effective and efficient. ####

(4)Potential alternative funding mechanisms for certain components of the TWCF, including the channel system. ####

(5)Any other matters the Secretaries jointly determine appropriate. ###

(c)Report Not later than March 1, 2021, the Secretary of Defense and the Secretary of each of the military departments shall jointly submit the to the congressional defense committees a copy of the review conducted under subsection (a).