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10 U.S.C. § 6325 — Notice-and-wait requirement applicable to certain third-party financing arrangements

submitted 1 year ago by Pub. L. 119-60 to r/title-10-ARMED-FORCES · 222 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary of Energy must wait 30 days after written notice to the congressional defense committees before entering certain large real-property financing arrangements. The section lists covered arrangements and two exclusions.

(a) Notice and waiting. The Secretary may not enter an arrangement described in subsection (b) until 30 days after notifying the congressional defense committees in writing of the proposed arrangement.

(b) Covered arrangements. (1) Except as paragraph (2) provides, a covered arrangement is an alternative, third-party, public-private, privatization, private-capital, or other financing arrangement connected with a project funded for Department of Energy national-security programs, when a contractor or Federal agency obtains office space, facilities, or other real-property assets and charges their use to the Department as an allowable contract cost, and the assets are worth at least $5,000,000. (2) It does not include an arrangement in which the Department or a contractor acquires or enters a capital lease for the space, facilities, or assets, or an arrangement connected with a capital-improvement project under an energy savings performance contract under section 801 of the National Energy Conservation Policy Act.

the actual law source: uscode.house.gov ↗public domain
(a)Notice-and-wait Requirement.—

The Secretary of Energy may not enter into an arrangement described in subsection (b) until 30 days after the date on which the Secretary notifies the congressional defense committees in writing of the proposed arrangement.

(b)Covered Arrangements.—
(1)

Except as provided in paragraph (2), an arrangement referred to in subsection (a) is any alternative financing arrangement, third-party financing arrangement, public-private partnership, privatization arrangement, private capital arrangement, or other financing arrangement that—

(A)

is entered into in connection with a project conducted using funds authorized to be appropriated to the Department of Energy to carry out programs necessary for national security; and

(B)

involves a contractor or Federal agency obtaining and charging to the Department of Energy as an allowable cost under a contract the use of office space, facilities, or other real property assets with a value of at least $5,000,000.

(2)

An arrangement referred to in subsection (a) does not include an arrangement that—

(A)

involves the Department of Energy or a contractor acquiring or entering into a capital lease for office space, facilities, or other real property assets; or

(B)

is entered into in connection with a capital improvement project undertaken as part of an energy savings performance contract under section 801 of the National Energy Conservation Policy Act (42 U.S.C. 8287).

Source credit: (Added and amended Pub. L. 119–60, div. C, title XXXI, § 3111(a), (d)(2), Dec. 18, 2025, 139 Stat. 1443, 1462.)

history & why it existsrecord from the source credit
  • 2025Enacted · Pub. L. 119-60 · 139 Stat. 1443, 1462

A history note hasn’t been published yet. The record shows enactment by Pub. L. 119-60 on 2025-12-18.

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