Level 1 acquisition

(4) Level 1 acquisition .— The term “Level 1 acquisition” means— (A) an acquisition by the Coast Guard— (i) the estimated life-cycle costs of which exceed $1,000,000,000; or (ii) the estimated total acquisition costs of which exceed $300,000,000; or (B) any acquisition that the Chief Acquisition Officer of the Coast Guard determines to have a special interest— (i) due to— (I) the experimental or technically immature nature of the asset; (II) the technological complexity of the asset; (III) the commitment of resources; or (IV) the nature of the capability or set of capabilities to be achieved; or (ii) because such acquisition is a joint acquisition.

Source

14 USC § 1171(4)


Scoping language

In this chapter
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