Federal · Title 10 — Armed Forces
10 U.S.C. § 3677: Contracts for lease or use of vessels for a term of greater than two years but less than five years: prior notice to congressional committees
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a detailed description of the terms of the proposed contract and a justification for entering into the proposed contract rather than obtaining the capability provided for by the lease, charter, or services involved through purchase of the vessel; a determination that entering into the proposed contract as a means of obtaining the vessel is the most cost-effective means of obtaining such vessel; and a plan for meeting the requirement provided by the proposed contract upon completion of the term of the lease contract; and a period of 60 days has expired following the date on which notice was received by such committees.
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