§5115 Major Grants, Contracts, or Other Transactions

Summary

The Commandant must tell the Senate Commerce and Appropriations Committees, the House Transportation and Infrastructure and Appropriations Committees, and the Coast Guard Office of Congressional and Governmental Affairs at least 3 full business days before the Coast Guard gives a grant over $1,000,000; signs a contract, other transaction, task or delivery order on a multiple-award contract, or issues a letter of intent over $4,000,000; awards a task or delivery order that obligates more than $10,000,000 from multi-year Coast Guard funds; gives a sole-source grant; or publicly says it intends to do any of those things. The notice must say the award amount, the fiscal year of the funds, the contract type, who is getting it (name and location), and which account will pay. If telling Congress first would threaten life, health, or safety, the Commandant may proceed and must notify the appropriate committees within 5 full business days after. The rule does not apply to funds that are not available for obligation.