Pub. L. 100-526, tit. I, sec. 104

MULTIYEAR PROCUREMENT AUTHORITY

EnactedYear: 1988Length: 178 wordsOfficial source
SEC. 104. MULTIYEAR PROCUREMENT AUTHORITY (a) Requests for Relief.—If for any fiscal year a multiyear contact to be entered into under section 2306(h) of title 10, United States Code, is authorized by law for a particular procurement program and that authorization is subject to certain conditions established by law (including a condition as to cost savings to be achieved under the multiyear contract in comparison to specified other contracts) and if it appears (after negotiations with contractors) that such savings cannot be achieved, but that substantial savings could nevertheless be achieved through the use of a multiyear contract rather than specified other contracts, the President may submit to Congress a request for relief from the specified cost savings that must be achieved through multiyear contracting for that program. Any such request by the President shall include details about the request for a multiyear contract, including details about the negotiated contract terms and conditions. (b) TOW II Missile Program.—Section 8031 of the Department of Defense Appropriations Act, 1989 (Public Law 100–463), is amended by striking out the last proviso.
Pub. L. 100-526, tit. I, sec. 104: MULTIYEAR PROCUREMENT AUTHORITY | Justis AI