FY22 NDAA (Pub. L. 117-81) Section 822 — Other transaction authority amendments
Summary
Text of Section 822 of the FY22 NDAA (Pub. L. 117-81), which amends 10 U.S.C. 2374a to modify DoD's prize authority for advanced technology achievements. The amendment expands the authority so that prizes may include the award of procurement contracts and other agreements, and adds a congressional notice requirement: within 15 days of awarding a contract or other agreement exceeding a $10,000,000 fair market value, the Secretary of Defense must notify the congressional defense committees with the award's value, a description of the research/technology/prototype, and its benefit to the military mission. Directly relevant to prize-competition acquisition and its intersection with other agreements.