§5115. Major grants, contracts, or other transactions
Primary source
Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§5115. Major grants, contracts, or other transactions
(a)
(1)
(A) making or awarding a grant allocation or grant in excess of $1,000,000;
(B) making or awarding a contract, other transaction agreement, or task or delivery order for the Coast Guard on the multiple award contract, or issuing a letter of intent totaling more than $4,000,000;
(C) awarding a task or delivery order requiring an obligation of funds in an amount greater than $10,000,000 from multi-year Coast Guard funds;
(D) making a sole-source grant award; or
(E) announcing publicly the intention to make or award an item described in subparagraph (A), (B), (C), or (D), including a contract covered by the Federal Acquisition Regulation.
(2)
(A) the amount of the award;
(B) the fiscal year for which the funds for the award were appropriated;
(C) the type of contract;
(D) an identification of the entity awarded the contract, such as the name and location of the entity; and
(E) the account from which the funds are to be drawn.
(b)
(1) may make an award or issue a letter described in such subsection without the notification required under such subsection; and
(2) shall notify the appropriate committees of Congress not later than 5 full business days after such an award is made or letter issued.
(c)
(d)
(1) the Committee on Commerce, Science, and Transportation and the Committee on Appropriations of the Senate; and
(2) the Committee on Transportation and Infrastructure and the Committee on Appropriations of the House of Representatives.
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