Sec. 124. MODIFICATION OF ANNUAL REPORT ON COST TARGETS FOR CERTAIN AIRCRAFT CARRIERS
354 words·~2 min read·
/statute-compilations/comps-18280/sec-124A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 124 MODIFICATION OF ANNUAL REPORT ON COST TARGETS FOR CERTAIN AIRCRAFT CARRIERS Section 126(c) of the National Defense Authorization Act for Fiscal Year 2017 (Public Law 114–328; 130 Stat. 2035) is amended— ####
(1)in the subsection heading, by striking “and CVN–81”; and inserting “CVN–81, and subsequent carriers”; ####
(2)in paragraph
(1)by striking “and the CVN–81” and inserting “the CVN–81, and each subsequent Ford-class aircraft carrier”; ####
(3)in paragraph (2)— #####
(A)in the matter preceding subparagraph (A), by striking “and the CVN–81” and inserting “the CVN–81, and each subsequent Ford-class aircraft carrier”; and #####
(B)by adding at the end the following new subparagraphs: > > ##### “(H) > > A comparison of the ship cost baseline to the most recent budget estimate available as of the date of the report, set forth separately for costs related to— > > > ###### “(i) > > development; > > > ###### “(ii) > > procurement; and > > > ###### “(iii) > > operations and sustainment. > > > ##### “(I) > > For each contract that requires the production of a contract performance report, estimates from the contractor and program manager of— > > > ###### “(i) > > the total cost of the ship at completion, taking into account any changes in costs known or anticipated as of the date of the report; and > > > ###### “(ii) > > the schedule for completion of the ship, taking into account any variances to such schedule known or anticipated as of the date of the report.” > ; and ####
(4)by adding at the end the following new paragraph: > > #### “(3) Commencement and termination of reporting > > The requirement to submit a report with respect to a Ford-class aircraft carrier under paragraph
(1)shall— > > > ##### “(A) > > begin in the year following the first fiscal year for which funds are appropriated for the procurement of the carrier; and > > > ##### “(B) > > end on the date the carrier reaches its obligation work limiting date.” > .
Connectionstraces to 1
Traces to 1 document
1 reference not yet in our index
- 130 Stat. 2035
Citation graph
cites case law
Sec. 124
MODIFICATION OF ANNUAL REPORT ON COST TARGETS FOR CERTAIN AIRCRAFT CARRIERS
Stat.130 Stat. 2035
Cites 2Cited by 0 across 0 sources