MULTIYEAK CONTRACTING FOR MOSCOW.

SEC. 116. MULTIYEAK CONTRACTING FOR MOSCOW. (a) Multiyear Contract.—For purposes of this section the term “multiyear contract” means a contract in effect for a period not to exceed five years. (b) Authority.—The Secretary of State may enter into multiyear contracts for the acquisition of property and the construction of diplomatic facilities in Moscow, as authorized by the Foreign Service Buildings Act, 1926, if— (1) there are sufficient funds available for United States Government liability for— (A) total payments under the full term of a contract; or (B) payments for the first fiscal year for which the con tract is in effect, and for all estimated cancellation costs; and (2) the Secretary of State determines that— (A) a multiyear contract will serve the best interests of the United States Government by— (i) achieving economies in administration, performance, and operation; (ii) increasing quality of performance by, or service from, the contractor; or (iii) encouraging effective competition; and (B) a multiyear contract will not inhibit small business concerns from submitting a bid or proposal for such con tract. (c) Contract Provisions.— (1) Unless funds are available for United States liability for payments under the full term of a multiyear contract, a multiyear contract shall provide that United States Government payments and performance under the contract during the second and any subsequent fiscal year of the contract period are contingent on the availability of funds for such year. (2) A multiyear contract may provide for payment to the contractor of a reasonable cancellation charge for a contingency under paragraph (1). (3) The Secretary is authorized to use such funds as may be available from the Foreign Service Buildings Fund for payments under paragraph (2). (d) Sunset Provision.—This section shall cease to have effect after September 30, 1993.