Us Code § 5115 - Major grants, contracts, or other transactions
Full text of Us Code United States Code § 5115 — Major grants, contracts, or other transactions, with citation guidance and answers to common questions.
§ 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.
(Added Pub. L. 117–263, div. K, title CXII, §11262(a), Dec. 23, 2022, 136 Stat. 4060.)
About This Section
14 U.S.C. § 5115 is part of Title 14 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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