MODIFICATION OF COST VARIATION AUTHORITY.

SEC. 2804. MODIFICATION OF COST VARIATION AUTHORITY.(a) Limitation on Cost Decreases Related to Military Construction and Military Family Housing Projects.—Section 2853 of title 10, United States Code, is amended—(1) in subsection (a)—(A) by striking “may be increased by not more than 25 percent” and inserting “may be increased or decreased by not more than 25 percent”; and(B) by striking “if the Secretary concerned determines that such an increase in cost is required” and inserting “if the Secretary concerned determines that such revised cost is required”;(2) in subsection (c)—(A) by striking “limitation on cost increase” and inserting “limitation on cost variations”; and(B) by striking “the increase” both places it appears and inserting “the variation”; and(3) in subsection (d), by striking “limitation on cost increases” and inserting “limitation on cost variations”.(b) Additional Information Required for Notification in Connection With Waiver of Limitations on Cost Increases.—Subsection (c)(2) of such section is further amended by inserting after “the reasons therefor” the following: “, including a description of the funds proposed to be used to finance any increased costs”.(c) Technical Amendments.—(1) Section heading.—The heading of such section is amended to read as follows:119 STAT. 3507 “§ 2853. Authorized cost and scope of work variations” .(2) Table of sections.—The item relating to such section in the table of sections at the beginning of subchapter III of chapter 169 of such title is amended to read as follows: “2853. Authorized cost and scope of work variations.”.