Source: https://www.law.cornell.edu/uscode/text/10/18240
Timestamp: 2017-01-21 00:39:16
Document Index: 35564139

Matched Legal Cases: ['§ 18240', '§\u202f18240', '§\u202f2809', '§\u202f2808', '§\u202f2807', '§\u202f2808', '§\u202f2808', '§\u202f2809', '§\u202f2808', '§\u202f2805']

10 U.S. Code § 18240 - Acquisition of facilities by exchange | US Law | LII / Legal Information Institute
§ 18240.
Acquisition of facilities by exchange
(a)Exchange Authority.—
In addition to the acquisition authority provided by section 18233 of this title, the Secretary of Defense may authorize the Secretary of a military department to acquire a facility, or addition to an existing facility, needed to satisfy military requirements for a reserve component by carrying out an exchange of an existing facility under the control of that Secretary through an agreement with an Executive agency (as defined in section 105 of title 5), the United States Postal Service, or a State, local government, local authority, or private entity. The acquisition of a facility or an addition to an existing facility under this section may include the acquisition of utilities, equipment, and furnishings for the facility.
(b)Facilities Eligible for Exchange.—
Only a facility of a reserve component that is not excess property (as defined in section 102(3) of title 40) may be exchanged using the authority provided by this section.
(c)Equal Value Exchange.—
In any exchange carried out using the authority provided by this section, the value of the replacement facility, or addition to an existing facility, including any utilities, equipment, and furnishings, to be acquired by the United States shall be at least equal to the fair market value of the facility conveyed by the United States under the agreement. If the values are unequal, the values may not be equalized by any payment of cash consideration by either party to the agreement.
(d)Requirements for Replacement Facilities.—The Secretary of a military department may not accept a replacement facility, or addition to an existing facility, to be acquired by the United States in an exchange carried out using the authority provided by this section until that Secretary determines that the facility or addition—
(e)Consultation Requirements.—The Secretary of a military department authorized to enter into an agreement under subsection (a) to convey an existing facility under the control of that Secretary by exchange shall consult with representatives of other reserve components to evaluate—
(f)Advance Notice of Proposed Exchange.—
(1) When a decision is made to enter into an agreement under subsection (a) to exchange a facility using the authority provided by this section, the Secretary of the military department authorized to enter into the agreement shall submit to the congressional defense committees a report on the proposed agreement. The report shall include the following:
(g)Relation to Other Military Construction Requirements.—
The acquisition of a facility, or an addition to an existing facility, using the authority provided by this section shall not be treated as a military construction project for which an authorization is required by section 2802 of this title.
(Added Pub. L. 108–375, div. B, title XXVIII, § 2809(a)(1), Oct. 28, 2004, 118 Stat. 2125; amended Pub. L. 109–163, div. B, title XXVIII, § 2808(a), Jan. 6, 2006, 119 Stat. 3508; Pub. L. 110–181, div. B, title XXVIII, § 2807, Jan. 28, 2008, 122 Stat. 541.)
2008—Subsec. (a). Pub. L. 110–181 substituted “with an Executive agency (as defined in section 105 of title 5), the United States Postal Service, or a State” for “with a State”.
2006—Subsec. (a). Pub. L. 109–163, § 2808(a)(1), inserted at end “The acquisition of a facility or an addition to an existing facility under this section may include the acquisition of utilities, equipment, and furnishings for the facility.”
Subsec. (c). Pub. L. 109–163, § 2808(a)(2), inserted “including any utilities, equipment, and furnishings, to be” after “existing facility,”.
Pub. L. 108–375, div. B, title XXVIII, § 2809(c), Oct. 28, 2004, 118 Stat. 2127, as amended by Pub. L. 109–163, div. B, title XXVIII, § 2808(b), Jan. 6, 2006, 119 Stat. 3508; Pub. L. 110–181, div. B, title XXVIII, § 2805, Jan. 28, 2008, 122 Stat. 540, provided that:
Notwithstanding subsection (c) of section 18240 of title 10, United States Code, as added by subsection (a), the Secretary of Defense may authorize the Secretary of a military department, as part of an exchange agreement under such section, to make or accept a cash equalization payment if the value of the facility, or addition to an existing facility, including any utilities, equipment, and furnishings, to be acquired by the United States under the agreement is not equal to the fair market value of the facility to be conveyed by the United States under the agreement. All other requirements of such section shall continue to apply to the exchange.
to make any cash equalization payments required to be made by the United States in connection with an exchange agreement covered by this subsection, and the account shall be the only source for such payments; and
to cover costs associated with the maintenance, protection, alteration, repair, improvement, or restoration (including environmental restoration) of facilities, and additions to existing facilities, acquired using an exchange agreement covered by this subsection.
Not more than 15 exchange agreements under section 18240 of title 10, United States Code, may include the exception for cash equalization payments authorized by this subsection. Of those 15 exchange agreements, not more than eight may be for the same reserve component.
In this section, the term ‘facility’ has the meaning given that term in section 18232(2) of title 10, United States Code.
No cash equalization payment may be made or accepted under the authority of this subsection after September 30, 2010. Except as otherwise specifically authorized by law, the authority provided by this subsection to make or accept cash equalization payments in connection with the acquisition or disposal of facilities of the reserve components is the sole authority available in law to the Secretary of Defense or the Secretary of a military department for that purpose.
A description of the exchange agreements under section 18240 of title 10, United States Code, that included the authority to make or accept cash equalization payments.
A description of the analysis and criteria used to select such agreements for inclusion of the authority to make or accept cash equalization payments.
An assessment of the utility to the Department of Defense of the authority, including recommendations for modifications of such authority in order to enhance the utility of such authority for the Department.
An assessment of interest in the future use of the authority, in the event the authority is extended.
An assessment of the advisability of making the authority, including any modifications of the authority recommended under subparagraph (C), permanent.”