Sec. 11262. TRANSPARENCY AND OVERSIGHT
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## SEC. 11262 TRANSPARENCY AND OVERSIGHT ###
(a)In General Chapter 51 of title 14, United States Code, is further amended by adding at the end the following: > > ## “SEC. 5115 Major grants, contracts, or other transactions > > **[**[14 U.S.C. 5115](/us/usc/t14/s5115)**]** > > > ### “(a) Notification > > > #### “(1) In general > > Subject to subsection (b), the Commandant shall notify the appropriate committees of Congress and the Coast Guard Office of Congressional and Governmental Affairs not later than 3 full business days in advance of the Coast Guard— > > > ##### “(A) > > making or awarding a grant allocation or grant in excess of $1,000,000; > > > ##### “(B) > > making or awarding a contract, other transaction agreement, or task or delivery order for the Coast Guard on the multiple award contract, or issuing a letter of intent totaling more than $4,000,000; > > > ##### “(C) > > awarding a task or delivery order requiring an obligation of funds in an amount greater than $10,000,000 from multi-year Coast Guard funds; > > > ##### “(D) > > making a sole-source grant award; or > > > ##### “(E) > > announcing publicly the intention to make or award an item described in subparagraph (A), (B), (C), or (D), including a contract covered by the Federal Acquisition Regulation. > > > #### “(2) Element > > A notification under this subsection shall include— > > > ##### “(A) > > the amount of the award; > > > ##### “(B) > > the fiscal year for which the funds for the award were appropriated; > > > ##### “(C) > > the type of contract; > > > ##### “(D) > > an identification of the entity awarded the contract, such as the name and location of the entity; and > > > ##### “(E) > > the account from which the funds are to be drawn. > > > ### “(b) Exception > > If the Commandant determines that compliance with subsection
(a)would pose a substantial risk to human life, health, or safety, the Commandant— > > > #### “(1) > > may make an award or issue a letter described in such subsection without the notification required under such subsection; and > > > #### “(2) > > shall notify the appropriate committees of Congress not later than 5 full business days after such an award is made or letter issued. > > > ### “(c) Applicability > > Subsection
(a)shall not apply to funds that are not available for obligation. > > > ### “(d) Appropriate Committees of Congress Defined > > In this section, the term ‘appropriate committees of Congress’ means— > > > #### “(1) > > the Committee on Commerce, Science, and Transportation and the Committee on Appropriations of the Senate; and > > > #### “(2) > > the Committee on Transportation and Infrastructure and the Committee on Appropriations of the House of Representatives.” > . ###
(b)Clerical Amendment The analysis for chapter 51 of title 14, United States Code, is further amended by adding at the end the following:" “5115. Major grants, contracts, or other transactions.” ".
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Sec. 11262
TRANSPARENCY AND OVERSIGHT
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