10 USC 2401a: Lease of vessels, aircraft, and vehicles
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10 USC 2401a: Lease of vessels, aircraft, and vehicles Text contains those laws in effect on January 4, 1995
From Title 10-ARMED FORCESSubtitle A-General Military LawPART IV-SERVICE, SUPPLY, AND PROCUREMENTCHAPTER 141-MISCELLANEOUS PROCUREMENT PROVISIONS
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§2401a. Lease of vessels, aircraft, and vehicles

The Secretary of Defense or the Secretary of a military department may not enter into any contract with a term of 18 months or more, or extend or renew any contract for a term of 18 months or more, for any vessel, aircraft, or vehicle, through a lease, charter, or similar agreement, unless the Secretary has considered all costs of such contract (including estimated termination liability) and has determined in writing that the contract is in the best interest of the Government.

(Added Pub. L. 103–355, title III, §3065(a)(1), Oct. 13, 1994, 108 Stat. 3337 .)

Prior Provisions

Similar provisions were contained in Pub. L. 101–165, title IX, §9081, Nov. 21, 1989, 103 Stat. 1147 , which was set out as a note under section 2401 of this title, prior to repeal by Pub. L. 103–355, §3065(b).

A prior section 2401a was renumbered section 2350f of this title.