2020 US Code
Title 10 - Armed Forces
Subtitle C - Navy and Marine Corps
Part IV - General Administration
Chapter 863 - Naval Vessels
Sec. 8684a - Repair, maintenance, or overhaul of naval vessels: rate for progress payments
10 U.S.C. § 8684a (2020) |
§8684a. Repair, maintenance, or overhaul of naval vessels: rate for progress payments |
The Secretary of the Navy shall provide that the rate for progress payments on any contract awarded by the Secretary for repair, maintenance, or overhaul of a naval vessel shall be not less than— (1) 95 percent, in the case of a firm considered to be a small business; and (2) 90 percent, in the case of any other firm. |
(Added and amended Pub. L. 116–283, div. A, title XVIII, §1876(a), Jan. 1, 2021, 134 Stat. 4291.) |
CODIFICATION
The text of subsec. (g)(1) of section 2307 of this title, which was transferred to this section and amended by Pub. L. 116–283, §1876(a)(2), was based on Pub. L. 103–355, title II, §2001(g), Oct. 13, 1994, 108 Stat. 3302. AMENDMENTS2021—Pub. L. 116–283, §1876(a)(2), transferred text of subsec. (g)(1) of section 2307 of this title to this section and redesignated subpars. (A) and (B) as pars. (1) and (2), respectively. EFFECTIVE DATESection and amendment by Pub. L. 116–283 effective Jan. 1, 2022, with additional provisions for delayed implementation and applicability of existing law, see section 1801(d) of Pub. L. 116–283, set out as an Effective Date of 2021 Amendment note preceding section 3001 of this title. |
United States Code, 2018 Edition, Supplement 2, Title 10 - ARMED FORCES |
Bills and Statutes |
United States Code |
Y 1.2/5: |
Title 10 - ARMED FORCES Subtitle C - Navy and Marine Corps PART IV - GENERAL ADMINISTRATION CHAPTER 863 - NAVAL VESSELS Sec. 8684a - Repair, maintenance, or overhaul of naval vessels: rate for progress payments |
section 8684a |
2020 |
January 13, 2021 |
Yes |
standard |
108 Stat. 3302 134 Stat. 4291 |
Public Law 103-355, Public Law 116-283 |