10 USC 7554 – Property management contracts and leases
(a)
(1) shall make full use of facility use contracts, leases, and other such commercial contractual instruments as may be appropriate;
(2) shall evaluate, on the basis of efficiency, cost, emergency mobilization requirements, and the goals and purposes of the ARMS Initiative, the procurement of services from the property manager, including maintenance, operation, modification, infrastructure, environmental restoration and remediation, and disposal of ammunition manufacturing assets, and other services; and
(3) may, in carrying out paragraphs (1) and (2)—
(A) enter into contracts, and provide for subcontracts, for terms up to 25 years, as the Secretary considers appropriate and consistent with the needs of the Department of the Army and the goals and purposes of the ARMS Initiative; and
(B) use procedures that are authorized to be used under section 3204(a)(5) of this title when the contractor or subcontractor is a source specified in law.
Terms Used In 10 USC 7554
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
(b)
(A) rental payments; or
(B) revenue generated at the facility.
(2) Forms of consideration acceptable under paragraph (1) for a use of an eligible facility or any property at an eligible facility include the following:
(A) The improvement, maintenance, protection, repair, and restoration of the facility, the property, or any property within the boundaries of the installation where the facility is located.
(B) Reductions in overhead costs.
(C) Reductions in product cost.
(D) The demilitarization and storage of conventional ammunition.
(3) The authority under paragraph (1) may be exercised without regard to section 3302(b) of title 31 and any other provision of law.