50 USC 2784 - Notice-and-wait requirement applicable to certain third-party financing arrangements

U.S Code last checked for updates: May 18, 2024

§ 2784.

Notice-and-wait requirement applicable to certain third-party financing arrangements

(a)

Notice-and-wait requirement

(b)

Covered arrangements

(1)

In general

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)

Exception

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 8287 of title 42.

(Pub. L. 107–314, div. D, title XLVIII, § 4804, as added Pub. L. 109–364, div. C, title XXXI, § 3118, Oct. 17, 2006, 120 Stat. 2509.)

cite as: 50 USC 2784