§3674. Long-term lease or charter defined; substantial termination liability — Inbound Citations

Citations to §3674(a)(1)(A)

• 10 U.S.C. § 3671(a)(1)(A)

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  (A) the contract will be a long-term lease or charter; or
• 10 U.S.C. § 3672(a)(1)

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  (1) the long-term lease or charter of any aircraft, naval vessel, or combat vehicle; or
• 10 U.S.C. § 3672(b)(1)

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  (1) Whenever a request is submitted to Congress for the authorization of the long-term lease or charter of aircraft, naval vessels, or combat vehicles or for the authorization of a lease or charter of aircraft, naval vessels, or combat vehicles which provides for a substantial termination liability on the part of the United States, the Secretary of Defense shall submit with that request an analysis of the cost to the United States (including lost tax revenues) of any such lease or charter arrangement compared with the cost to the United States of direct procurement of the aircraft, naval vessels, or combat vehicles by the United States.
• 10 U.S.C. § 3672(b)(3)

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  (3) Whenever a request is submitted to Congress for the authorization of funds for the Department of Defense for the long-term lease or charter of aircraft, naval vessels, or combat vehicles authorized under this chapter, the Secretary of Defense—

  (A) shall indicate in the request what portion of the requested funds is attributable to capital-hire; and

  (B) shall reflect such portion in the appropriate procurement account in the request.