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S. 4784IntroducedSenate · nowHousePresidentLawIn committee
Sec. 111 · S. 4784

Multiyear procurement authority for Infantry Squad Vehicle program

Division A — Department of Defense authorizations › Title I — Procurement › Subtitle B — Army programs

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(a) Authority for multiyear procurement Subject to section 3501 of title 10, United States Code, the Secretary of the Army may enter into one or more multiyear contracts, beginning with fiscal year 2027, for the procurement of Infantry Squad Vehicles (ISV), including associated components, spare parts, and support equipment. (b) Conditions (1) In general The Secretary shall ensure that any contract entered into under subsection (a)— (A) provides for savings compared to annual procurement; (B) includes appropriate termination provisions to protect the interests of the United States; and (C) complies with all requirements of section 3501 of title 10, United States Code. (2) Duration A contract entered into under subsection (a) shall cover a period of not more than five fiscal years. (c) Advance procurement The Secretary may include in a contract entered into under subsection (a) provisions for economic order quantity purchases of long-lead items to achieve cost efficiencies.