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Coast Guard Icebreaker Acquisition: New Cost Oversight and Reporting Rules.

This law modifies the rules for acquiring a new Coast Guard icebreaker, introducing strict financial transparency requirements. It mandates that the Commandant provide Congress with detailed cost estimates for construction, crew, and maintenance before funds can be spent on the vessel's full reconfiguration. This ensures better accountability for public spending on critical maritime security infrastructure.
Key points
Requires detailed reporting to Congress on the icebreaker's costs (including crewing and maintenance) before major modernization work begins.
Limits spending on the vessel's reconfiguration until Congress receives a full cost analysis covering its entire estimated service life.
The changes aim to increase oversight of significant public investments in maritime security and Arctic operations.
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Additional Information
Print number: 118_S_5292
Sponsor: Sen. Sullivan, Dan [R-AK]
Process start date: 2024-09-25