§ 670. — Procurement authority for family housing.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 14USC670]
TITLE 14--COAST GUARD
PART I--REGULAR COAST GUARD
CHAPTER 17--ADMINISTRATION
Sec. 670. Procurement authority for family housing
(a) The Secretary is authorized--
(1) to acquire, subject to the availability of appropriations
sufficient to cover its full obligations, real property or interests
therein by purchase, lease for a term not to exceed 5 years, or
otherwise, for use as Coast Guard family housing units, including
the acquisition of condominium units, which may include the
obligation to pay maintenance, repair, and other condominium-related
fees; and
(2) to dispose of by sale, lease, or otherwise, any real
property or interest therein used for Coast Guard family housing
units for adequate consideration.
(b)(1) For the purposes of this section, a multiyear contract is a
contract to lease Coast Guard family housing units for at least one, but
not more than 5, fiscal years.
(2) The Secretary may enter into multiyear contracts under
subsection (a) of this section whenever the Coast Guard finds that--
(A) the use of a contract will promote the efficiency of the
Coast Guard family housing program and will result in reduced total
costs under the contract; and
(B) there are realistic estimates of both the cost of the
contract and the anticipated cost avoidance through the use of a
multiyear contract.
(3) A multiyear contract authorized under subsection (a) of this
section shall contain cancellation and termination provisions to the
extent necessary to protect the best interests of the United States, and
may include consideration of both recurring and nonrecurring costs. The
contract may provide for a cancellation payment to be made. Amounts that
were originally obligated for the cost of the contract may be used for
cancellation or termination costs.
(Added Pub. L. 103-206, title III, Sec. 302(a), Dec. 20, 1993, 107 Stat.
2423.)
