Multiyear contracts
In general
section 1341 of title 31section 6301 of title 41Subject to paragraphs (2) and (3), and notwithstanding and subsections (a) and (b) of , the Secretary may acquire vessels for the NOAA fleet by purchase, lease, lease-purchase, or otherwise, under one or more multiyear contracts.
Required findings
Required contract provisions
Service contracts
Bonding authority
Notwithstanding any other law, the Secretary may not require a contractor for the construction, alteration, repair or maintenance of a NOAA vessel to provide a bid bond, payment bond, performance bond, completion bond, or other surety instrument in an amount greater than 20 percent of the value of the base contract quantity (excluding options) unless the Secretary determines that requiring an instrument in that amount will not prevent a responsible bidder or offeror from competing for the award of the contract.
Pub. L. 102–567, title VI, § 606106 Stat. 4301(, , .)
Editorial Notes
Codification
section 6301 of title 4141 U.S.C. 11Pub. L. 111–350, § 6(c)124 Stat. 3854In subsec. (a)(1), “subsections (a) and (b) of ” substituted for “section 3732 of the Revised Statutes of the United States ()” on authority of , , , which Act enacted Title 41, Public Contracts.