SEC. 1612. PROGRESS PAYMENTS UNDER NAVAL VESSEL REPAIR CONTRACTS Section 7312 of title 10, United States Code, is amended— (1) by striking out “90 percent” and “85 percent” in subsection (a) and inserting in lieu thereof “95 percent” and “90 percent”, respectively; and (2) by striking out “(other than a nuclear-powered vessel) for work required to be performed in one year or less” in subsection (b).
Pub. L. 101-189, div. A, tit. XVI, pt. B, sec. 1612: PROGRESS PAYMENTS UNDER NAVAL VESSEL REPAIR CONTRACTS | Justis AI