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10 U.S.C. § 8675a — Vessels stricken from Naval Vessel Register: contracts for dismantling on net-cost basis

Federal law — U.S. Code and appendices · legal_authorities

10 U.S.C. § 8675a — Vessels stricken from Naval Vessel Register: contracts for dismantling on net-cost basis

**(a) Authority for Net-Cost Basis Contracts.—** When the Secretary of the Navy awards a contract for the dismantling of a vessel stricken from the Naval Vessel Register, the Secretary may award the contract on a net-cost basis. **(b) Retention by Contractor of Proceeds of Sale of Scrap and Reusable Items.—** When the Secretary awards a contract on a net-cost basis under subsection (a), the Secretary shall provide in the contract that the contractor may retain the proceeds from the sale of scrap and reusable items removed from the vessel dismantled under the contract. **(c) Definitions.—** In this section: (1) The term “net-cost basis”, with respect to a contract for the dismantling of a vessel, means that the amount to be paid to the contractor under the contract for dismantling and for removal and disposal of hazardous waste material is discounted by the offeror’s estimate of the value of scrap and reusable items that the contractor will remove from the vessel during performance of the contract. (2) The term “scrap” means personal property that has no value except for its basic material content. (3) The term “reusable item” means a demilitarized component or a removable portion of a vessel or equipment that the Secretary of the Navy has identified as excess to the needs of the Navy but which has potential resale value on the open market.

Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 8675a

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Stable record: federal_law:legal_authorities:record_usc_4824aa34b384b50d8d6b809b
Source file: Laws/federal/codes/united-states-code/title-10/section-8675a-vessels-stricken-from-naval-vessel-register-contracts-for-dismantling-on--95592af0bd.md
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Passage SHA-256: a61482f9cf39f3800443f259021f6fb3c74635bee0f2baa61ab9d463fef08f7a

Source location: Title 10, Chapter 863, § 8675a; chapter-863-naval-vessels.md

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**(a) Authority for Net-Cost Basis Contracts.—** When the Secretary of the Navy awards a contract for the dismantling of a vessel stricken from the Naval Vessel Register, the Secretary may award the contract on a net-cost basis. **(b) Retention by Contractor of Proceeds of Sale of Scrap and Reusable Items.—** When the Secretary awards a contract on a net-cost basis under subsection (a), the Secretary shall provide in the contract that the contractor may retain the proceeds from the sale of scrap and reusable items removed from the vessel dismantled under the contract. **(c) Definitions.—** In this section: (1) The term “net-cost basis”, with respect to a contract for the dismantling of a vessel, means that the amount to be paid to the contractor under the contract for dismantling and for removal and disposal of hazardous waste material is discounted by the offeror’s estimate of the value of scrap and reusable items that the contractor will remove from the vessel during performance of the contract. (2) The term “scrap” means personal property that has no value except for its basic material content. (3) The term “reusable item” means a demilitarized component or a removable portion of a vessel or equipment that the Secretary of the Navy has identified as excess to the needs of the Navy but which has potential resale value on the open market.

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Federal law — U.S. Code and appendices · legal_authorities

10 U.S.C. § 3001 — Defense acquisition system; element of the defense acquisition system

**(a) Defense Acquisition System.—** In this part, the term “defense acquisition system” means— (1) the workforce engaged in carrying out the acquisition of property and services for the Department of Defense; (2) the management structure responsible for directing and overseeing the acquisition of property and services for the Department of Defense; and (3) the statutory, regulatory, and policy framework that guides the acquisition of property and services for the Department of Defense. **(b) Element of the Defense Acquisition System.—** In this part, the term “element of the defense acquisition system” means an organization that— (1) employs members of the acquisition workforce; (2) carries out acquisition functions; and (3) focuses primarily on acquisition. **(c) Acquisition.—** In this part, the term “acquisition” has the meaning provided in [section 131 of title 41](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title41-section131&num=0&edition=prelim).

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Federal law — U.S. Code and appendices · legal_authorities

10 U.S.C. § 7286 — Korea Defense Service Medal

**(a)** The Secretary of the Army shall issue a campaign medal, to be known as the Korea Defense Service Medal, to each person who while a member of the Army served in the Republic of Korea or the waters adjacent thereto during the KDSM eligibility period and met the service requirements for the award of that medal prescribed under subsection (c). **(b)** In this section, the term “KDSM eligibility period” means the period beginning on July 28, 1954, and ending on such date after the date of the enactment of this section as may be determined by the Secretary of Defense to be appropriate for terminating eligibility for the Korea Defense Service Medal. **(c)** The Secretary of the Army shall prescribe service requirements for eligibility for the Korea Defense Service Medal. Those requirements shall not be more stringent than the service requirements for award of the Armed Forces Expeditionary Medal for instances in which the award of that medal is authorized.

Source: Supplied U.S. Code snapshot — release unconfirmed · 10 U.S.C. § 7286

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Federal law — U.S. Code and appendices · legal_authorities

10 U.S.C. § 8675a — Vessels stricken from Naval Vessel Reg-

Page 3330 TITLE 10—ARMED FORCES § 8675a Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2018 AMENDMENT Amendment by Pub. L. 115–232 effective Feb. 1, 2019, with provision for the coordination of amendments and special rule for certain redesignations, see section 800 of Pub. L. 115–232, set out as a note preceding section 3001 of this title. § 8675a. Vessels stricken from Naval Vessel Reg- ister: contracts for dismantling on net-cost basis (a) AUTHORITY FOR NET-COST BASIS CON- TRACTS.—When the Secretary of the Navy awards a contract for the dismantling of a vessel stricken from the Naval Vessel Register, the Secretary may award the contract on a net-cost basis. (b) RETENTION BY CONTRACTOR OF PROCEEDS OF SALE OF SCRAP AND REUSABLE ITEMS.—When the Secretary awards a contract on a net-cost basis under subsection (a), the Secretary shall provide in the contract that the contractor may retain the proceeds from the sale of scrap and reusable items removed from the vessel dismantled under the contract. (c) DEFINITIONS.—In this section: (1) The term ‘‘net-cost basis’’, with respect to a contract for the dismantling of a vessel, means that the amount to be paid to the con- tractor under the contract for dismantling and for removal and disposal of hazardous waste material is discounted by the offeror’s esti- mate of the value of scrap and reusable items that the contractor will remove from the ves- sel during performance of the contract. (2) The term ‘‘scrap’’ means personal prop- erty that has no value except for its basic ma- terial content. (3) The term ‘‘reusable item’’ means a de- militarized component or a removable portion of a vessel or equipment that the Secretary of the Navy has identified as excess to the needs of the Navy bu

Source: Supplied 2024 U.S. Code historical extraction · 10 U.S.C. § 8675a

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