instruction:
In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
question:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Enhanced Rescissions Act of 1993''.

SEC. 2. EXPEDITED CONSIDERATION OF CERTAIN PROPOSED RESCISSIONS.

(a) In General.--Part B of title X of the Congressional Budget and
Impoundment Control Act of 1974 (2 U.S.C. 681 et seq.) is amended by
redesignating sections 1013 through 1017 as sections 1014 through 1018,
respectively, and inserting after section 1012 the following new
section:

''expedited consideration of certain proposed rescissions

''Sec. 1013. (a) Proposed Rescission of Budget Authority.--In
addition to the method of rescinding budget authority specified in
section 1012, the President may propose, at the time and in the manner
provided in subsection (b), the rescission of any budget authority
provided in an appropriations Act. Funds made available for obligation
under this procedure may not be proposed for rescission again under
this section or section 1012.
''(b) Transmittal of Special Message.--
''(1) Not later than 3 days after the date of enactment of
an appropriation Act, the President may transmit to Congress
one or more special messages proposing to rescind all or any
part of any item of budget authority provided in that Act and
include with each special message a draft bill or joint
resolution that, if enacted, would rescind each item of budget
authority (or part thereof) proposed to be rescinded.
''(2) Each special message shall specify, with respect to
the budget authority proposed to be rescinded, the matters
referred to in paragraphs (1) through (5) of section 1012(a).
''(c) Procedures for Expedited Consideration.--
''(1)(A) Before the close of the second day of continuous
session of the applicable House after the date of receipt of a
special message transmitted to Congress under subsection (b),
the majority leader or minority leader of the House of Congress
in which the appropriation Act involved originated shall
introduce (by request) the draft bill or joint resolution
accompanying that special message. If the bill or joint
resolution is not introduced as provided in the preceding
sentence, then, on the third day of continuous session of that
House after the date of receipt of that special message, any
Member of that House may introduce the bill or joint
resolution.
''(B) The bill or joint resolution shall be referred to the
Committee on Appropriations of that House. The committee shall
report the bill or joint resolution without substantive
revision and with or without recommendation. The bill or joint
resolution shall be reported not later than the seventh day of
continuous session of that House after the date of receipt of
that special message. If the Committee on Appropriations fails
to report the bill or joint resolution within that period, that
committee shall be automatically discharged from consideration
of the bill or joint resolution, and the bill or joint
resolution shall be placed on the appropriate calendar.
''(C) A vote on final passage of the bill or joint
resolution shall be taken in that House on or before the close
of the 10th calendar day of continuous session of that House
after the date of the introduction of the bill or joint
resolution in that House. If the bill or joint resolution is
agreed to, the Clerk of the House of Representatives (in the
case of a bill or joint resolution agreed to in the House of
Representatives) or the Secretary of the Senate (in the case of
a bill or joint resolution agreed to in the Senate) shall cause
the bill or joint resolution to be engrossed, certified, and
transmitted to the other House of Congress on the same calendar
day on which the bill or joint resolution is agreed to.
''(2)(A) A bill or joint resolution transmitted to the
House of Representatives or the Senate pursuant to paragraph
(1)(C) shall be referred to the Committee on Appropriations of
that House. The committee shall report the bill or joint
resolution without substantive revision and with or without
recommendation. The bill or joint resolution shall be reported
not later than the seventh day of continuous session of that
House after it receives the bill or joint resolution. A
committee failing to report the bill or joint resolution within
such period shall be automatically discharged from
consideration of the bill or joint resolution, and the bill or
joint resolution shall be placed upon the appropriate calendar.
''(B) A vote on final passage of a bill or joint resolution
transmitted to that House shall be taken on or before the close
of the 10th calendar day of continuous session of that House
after the date on which the bill or joint resolution is
transmitted. If the bill or joint resolution is agreed to in
that House, the Clerk of the House of Representatives (in the
case of a bill or joint resolution agreed to in the House of
Representatives) or the Secretary of the Senate (in the case of
a bill or joint resolution agreed to in the Senate) shall cause
the engrossed bill or joint resolution to be returned to the
House in which the bill or joint resolution originated.
''(3)(A) A motion in the House of Representatives to
proceed to the consideration of a bill or joint resolution
under this section shall be highly privileged and not
debatable. An amendment to the motion shall not be in order,
nor shall it be in order to move to reconsider the vote by
which the motion is agreed to or disagreed to.
''(B) Debate in the House of Representatives on a bill or
joint resolution under this section shall not exceed 4 hours,
which shall be divided equally between those favoring and those
opposing the bill or joint resolution. A motion further to
limit debate shall not be debatable. It shall not be in order
to move to recommit a bill or joint resolution under this
section or to move to reconsider the vote by which the bill or
joint resolution is agreed to or disagreed to.
''(C) Appeals from decisions of the Chair relating to the
application of the Rules of the House of Representatives to the
procedure relating to a bill or joint resolution under this
section shall be decided without debate.
''(D) Except to the extent specifically provided in the
preceding provisions of this subsection, consideration of a
bill or joint resolution under this section shall be governed
by the Rules of the House of Representatives.
''(4)(A) A motion in the Senate to proceed to the
consideration of a bill or joint resolution under this section
shall be privileged and not debatable. An amendment to the
motion shall not be in order, nor shall it be in order to move
to reconsider the vote by which the motion is agreed to or
disagreed to.
''(B) Debate in the Senate on a bill or joint resolution
under this section, and all debatable motions and appeals in
connection therewith, shall not exceed 10 hours. The time shall
be equally divided between, and controlled by, the majority
leader and the minority leader or their designees.
''(C) Debate in the Senate on any debatable motion or
appeal in connection with a bill or joint resolution under this
section shall be limited to not more than 1 hour, to be equally
divided between, and controlled by, the mover and the manager
of the bill or joint resolution, except that in the event the
manager of the bill or joint resolution is in favor of any such
motion or appeal, the time in opposition thereto, shall be
controlled by the minority leader or his designee. Such
leaders, or either of them, may, from time under their control
on the passage of a bill or joint resolution, allot additional
time to any Senator during the consideration of any debatable
motion or appeal.
''(D) A motion in the Senate to further limit debate on a
bill or joint resolution under this section is not debatable. A
motion to recommit a bill or joint resolution under this
section is not in order.
''(d) Amendments Prohibited.--No amendment to a bill or joint
resolution considered under this section shall be in order in either
the House of Representatives or the Senate. No motion to suspend the
application of this subsection shall be in order in either House, nor
shall it be in order in either House to suspend the application of this
subsection by unanimous consent.
''(e) Requirement To Make Available for Obligation.--Any amount of
budget authority proposed to be rescinded in a special message
transmitted to Congress under subsection (b) shall be made available
for obligation on the day after the date on which either House defeats
the bill or joint resolution transmitted with that special message.
''(f) Definitions.--For purposes of this section--
''(1) The term 'appropriation Act' means any general or
special appropriation Act, and any Act or joint resolution
making supplemental, deficiency, or continuing appropriations.
''(2) The continuity of a session of the Congress shall be
considered as broken only by an adjournment of the Congress
sine die, and the days on which either House is not in session
because of an adjournment of more than 3 days to a day certain
shall be excluded in the computation of the periods of
continuous session referred to in subsection (c) of this
section. If a special message is transmitted under this section
during any Congress and the last session of the Congress
adjourns sine die before the expiration of 10 calendar days of
continuous session (or a special message is transmitted after
the last session of the Congress adjourns sine die), the
message shall be deemed to have been transmitted on the first
day of the succeeding Congress and the periods of continuous
session referred to in subsection (c) of this section shall
commence on the day after such first day.''.
(b) Exercise of Rulemaking Powers.--Section 904 of such Act (2
U.S.C. 621 note) is amended--
(1) by striking ''and 1017'' in subsection (a) and
inserting ''1013, and 1018''; and
(2) by striking ''section 1017'' in subsection (d) and
inserting ''sections 1013 and 1018''.
(c) Conforming Amendments.--
(1) Section 1011 of such Act (2 U.S.C. 682(5)) is amended--
(A) in paragraph (4), by striking ''1013'' and
inserting ''1014''; and
(B) in paragraph (5)--
(i) by striking ''1016'' and inserting
''1017''; and
(ii) by striking ''1017(b)(1)'' and
inserting ''1018(b)(1)''.
(2) Section 1015 of such Act (2 U.S.C. 685) (as
redesignated by section 2(a)) is amended--
(A) by striking ''1012 or 1013'' each place it
appears and inserting ''1012, 1013, or 1014'';
(B) in subsection (b)(1), by striking ''1012'' and
inserting ''1012 or 1013'';
(C) in subsection (b)(2), by striking ''1013'' and
inserting ''1014''; and
(D) in subsection (e)(2)--
(i) by striking ''and'' at the end of
subparagraph (A);
(ii) by redesignating subparagraph (B) as
subparagraph (C);
(iii) by striking ''1013'' in subparagraph
(C) (as so redesignated) and inserting
''1014''; and
(iv) by inserting after subparagraph (A)
the following new subparagraph:
''(B) he has transmitted a special message under
section 1013 with respect to a proposed rescission;
and''.
(3) Section 1016 of such Act (2 U.S.C. 686) (as
redesignated by section 2(a)) is amended by striking ''1012 or
1013'' each place it appears and inserting ''1012, 1013, or
1014''.
(d) Clerical Amendments.--The table of sections for subpart B of
title X of such Act is amended--
(1) by redesignating the items relating to sections 1013
through 1017 as items relating to sections 1014 through 1018;
and
(2) by inserting after the item relating to section 1012
the following new item:

''Sec. 1013. Expedited consideration of certain proposed
rescissions.''.
answer:
Enhanced Rescissions Act of 1993 - Amends the Congressional Budget and Impoundment Control Act of 1974 to allow the President to transmit to both Houses of the Congress, for expedited consideration, one or more special messages proposing to rescind all or part of any item of budget authority provided in an appropriation bill.
Requires that such special message be transmitted not later than three days after the enactment of an appropriation bill and be accompanied by a draft bill or joint resolution that would, if enacted, rescind the budget authority proposed to be rescinded.
Sets forth House and Senate procedures for the expedited consideration of such a proposal.

question:
SECTION 1. INCLUSION OF ADDITIONAL PORTION OF THE LITTLE SANDY RIVER
WATERSHED IN THE BULL RUN WATERSHED MANAGEMENT UNIT,
OREGON.

(a) In General.--Public Law 95-200 (16 U.S.C. 482b note) is amended
by striking section 1 and inserting the following:

''SECTION 1. ESTABLISHMENT OF SPECIAL RESOURCES MANAGEMENT UNIT;
DEFINITION OF SECRETARY.

''(a) Establishment.--
''(1) In general.--There is established, subject to valid
existing rights, a special resources management unit in the
State of Oregon comprising approximately 98,272 acres, as
depicted on a map dated September, 1998, and entitled 'Bull Run
Watershed Management Unit'.
''(2) Map.--The map described in paragraph (1) shall be on
file and available for public inspection in the offices of the
Regional Forester-Pacific Northwest Region, Forest Service,
Department of Agriculture, and in the offices of the State
Director, Bureau of Land Management, Department of the
Interior.
''(3) Boundary adjustments.--Minor adjustments in the
boundaries of the unit may be made from time to time by the
Secretary after consultation with the city and appropriate
public notice and hearings.
''(b) Definition of Secretary.--In this Act, the term 'Secretary'
means--
''(1) with respect to land administered by the Secretary of
Agriculture, the Secretary of Agriculture; and
''(2) with respect to land administered by the Secretary of
the Interior, the Secretary of the Interior.''.
(b) Conforming and Technical Amendments.--
(1) Secretary.--Public Law 95-200 (16 U.S.C. 482b note) is
amended by striking ''Secretary of Agriculture'' each place it
appears (except subsection (b) of section 1, as added by
subsection (a), and except in the amendments made by paragraph
(2)) and inserting ''Secretary''.
(2) Applicable law.--
(A) In general.--Section 2(a) of Public Law 95-200
(16 U.S.C. 482b note) is amended by striking
''applicable to National Forest System lands'' and
inserting ''applicable to National Forest System land
(in the case of land administered by the Secretary of
Agriculture) or applicable to land under the
administrative jurisdiction of the Bureau of Land
Management (in the case of land administered by the
Secretary of the Interior)''.
(B) Management plans.--The first sentence of
section 2(c) of Public Law 95-200 (16 U.S.C. 482b note)
is amended--
(i) by striking ''subsection (a) or (b)''
and inserting ''subsections (a) and (b)''; and
(ii) by striking '', through the
maintenance'' and inserting ''(in the case of
land administered by the Secretary of
Agriculture) or section 202 of the Federal Land
Policy and Management Act of 1976 (43 U.S.C.
1712) (in the case of land administered by the
Secretary of the Interior), through the
maintenance''.

SEC. 2. MANAGEMENT.

(a) Timber Harvesting Restrictions.--Section 2(b) of Public Law 95-
200 (16 U.S.C. 482b note) is amended by striking paragraph (1) and
inserting the following:
''(1) In general.--Subject to paragraph (2), the Secretary
shall prohibit the cutting of trees on Federal land in the
entire unit, as designated in section 1 and depicted on the map
referred to in that section.''.
(b) Repeal of Management Exception.--The Oregon Resource
Conservation Act of 1996 (division B of Public Law 104-208) is amended
by striking section 606 (110 Stat. 3009-543).
(c) Repeal of Duplicative Enactment.--Section 1026 of division I of
the Omnibus Parks and Public Lands Management Act of 1996 (Public Law
104-333; 110 Stat. 4228) and the amendments made by that section are
repealed.
(d) Water Rights.--Nothing in this section strengthens, diminishes,
or has any other effect on water rights held by any person or entity.

SEC. 3. LAND EXCHANGE.

(a) Land Exchange.--Upon application by the city of Portland,
Oregon (referred to in this section as the ''city''), the Secretary of
Agriculture shall enter into negotiations with the city for the
transfer of National Forest System land underlying the city's Bull Run
water supply facilities to the city in exchange for city-owned land
lying within the boundaries of any unit of the National Forest System
in Oregon or Washington.
(b) Time for Exchange.--Subject to subsection (c), the Secretary
shall expedite the negotiations, if the city applies for a land
exchange under subsection (a), and shall complete such a land exchange
not later than September 30, 2001.
(c) Applicability of Other Laws.--Except as provided in subsection
(d), any land exchange under this section shall be carried out in
accordance with section 206 of the Federal Land Policy and Management
Act of 1976 (43 U.S.C. 1716) and other applicable law.
(d) Exception to Single State Limitation on Exchange.--The
requirement that Federal and non-Federal parcels of land exchanged for
each other must be located within the same State, as specified in the
Act entitled ''An Act to Consolidate National Forest Lands'', approved
March 20, 1922 (16 U.S.C. 485), and the first sentence of section
206(b) of the Federal Land Policy and Management Act of 1976 (43 U.S.C.
1716(b)), shall not apply to the land exchange authorized by this
section.
answer:
Amends Federal law to reestablish and add acreage to the Bull Run Watershed Management Unit in Oregon.
Directs the Secretary of Agriculture or the Interior, as applicable, to prohibit the cutting of trees on Federal land in the entire unit.
Repeals a provision of the: (1) Oregon Resource Conservation Act of 1996 which requires certain Unit lands that are not contained in the Bull Run River Drainage to be managed in accordance with the law establishing the Unit; and (2) Omnibus Parks and Public Lands Management Act of 1996 regarding the Unit.
Requires the Secretary of Agriculture: (1) upon application by the city of Portland, Oregon, to enter into negotiations with the city for the transfer of National Forest System land underlying the city's Bull Run water supply facilities to the city in exchange for city- owned land lying within the boundaries of any unit of the National Forest System in Oregon or Washington; and (2) to expedite the negotiations and complete such land exchange not later than September 30, 2001.

question:
SECTION 1. SHORT TITLE.

This Act may be cited as the ''Military Housing Privatization
Initiatives Projects Oversight and Accountability Act of 2007''.

SEC. 2. IMPROVED OVERSIGHT AND ACCOUNTABILITY FOR MILITARY HOUSING
PRIVATIZATION INITIATIVE PROJECTS.

(a) In General.--Subchapter IV of chapter 169 of title 10, United
States Code, is amended by adding at the end the following new section:
''Sec. 2885. Oversight and accountability for privatization projects
''(a) Guaranteed Maximum Price Contract and Performance Schedule.--
''(1) In general.--Each military housing privatization
initiative project shall be carried out under a guaranteed
maximum price contract and accompanied by a performance
schedule.
''(2) Terms.--Each contract under this subsection shall be
reviewed by an independent third party and certified as
reasonable and consistent with local construction prices and
geographic costs of living standards established by the
Department of Defense.
''(b) Oversight and Accountability Measures.--Each Secretary
concerned shall prescribe regulations to effectively oversee and manage
military housing privatization initiative projects under the
Secretary's jurisdiction in order to maintain project performance and
schedule. The regulations shall include the following requirements for
each privatization project:
''(1) Monthly site visits.--The chief engineering officer
at the local military installation shall conduct monthly site
visits and provide reports on the progress of the privatization
project. The reports shall be endorsed by the commander at such
installation and submitted quarterly to the chief officer for
installations and environment of the respective military
department and the Deputy Under Secretary of Defense for
Installations and Environment.
''(2) Monthly meetings.--The chief engineering officer at
the local military installation, and, as applicable, the
resident construction manager, privatization asset manager,
bondholder representative, project owner, developer, general
contractor, and construction consultant for the project shall
conduct monthly meetings to ensure that the project meets
performance and schedule requirements and that appropriate
operating and ground lease agreements are in place and adhered
to.
''(3) Notices of deficiency.--If a project is 90 days or
more behind schedule or more than 20 percent over budget, the
chief officer for installations and environment of the
respective military department shall submit a notice of
deficiency to the Deputy Under Secretary of Defense for
Installations and Environment, the Secretary concerned, the
bondholder representative, and the trustee for the project.
''(4) Correction of deficiencies.--
''(A) Cure notice.--Not later than 15 days after
the submittal of a notice of deficiency under paragraph
(3), the Secretary concerned shall submit to the
project owner, developer, or general contractor
responsible for the project a summary of deficiencies,
or cure notice, related to the project.
''(B) Official letter of notice.--If the project
owner, developer, or general contractor responsible for
the project is unable, within 30 days after receiving a
cure notice under subparagraph (A), to make progress on
the issues outlined in such notice, the Secretary
concerned shall submit to the project owner, developer,
or general contractor, the bondholder representative,
and the trustee an official letter of notice addressing
the deficiencies and detailing the corrective actions
that should be taken to correct the deficiencies.
''(C) Certification required to continue certain
projects.--If the project owner, developer, or general
contractor responsible for the privatization project is
unable, within 60 days after receiving a cure notice
under subparagraph (A), to make progress on the issues
outlined in such notice, the Deputy Under Secretary of
Defense for Installations and Environment shall certify
to the congressional defense committees that continuing
the project is in the best interest of the United
States or the project shall be terminated for default.
''(c) Options for Combining Deficient Projects With Projects of
Other Military Departments.--Before terminating a ground lease or
foreclosing on a military construction privatization project, the
Secretary concerned, in conjunction with the Deputy Under Secretary of
Defense for Installations and Environment, shall examine options for
combining the project with a planned project or projects for which a
request for proposal or request for qualification is expected to be
issued within 180 days by another military department.
''(d) Availability of Sufficient Reserves.--The Secretary concerned
shall ensure that sufficient funds are available for the completion of
each military housing privatization initiative project to provide for
the timely completion of the project in the event of default, including
to provide for the payment of subcontractors for the performance of
work already accomplished and necessary to complete the project.
''(e) Conditional Release of Payments for Projects.--
''(1) Sequestration of funds.--Each contract or agreement
for a military housing privatization initiative project shall
provide for the sequestration of funds to be paid under such
contract or agreement into a separate account to be known as
the 'project lockbox'.
''(2) Release of funds.--Funds sequestered under paragraph
(1) shall not be paid to the project owner, developer, or
general contractor under the project contract or agreement
until the Secretary concerned is provided a report signed by
the project owner, developer, or general contractor, the
bondholder representative, the trustee, and construction
consultant that includes the following:
''(A) A detailed list of payments to be made under
the contract or agreement.
''(B) The amount of each such payment.
''(C) The total amount of such payments that have
been made to date.
''(D) A comparison between--
''(i) the percentage of the total capital
sources for the project that have been
expended; and
''(ii) the percentage of work that has been
completed on the project.
''(f) Community Meetings.--
''(1) In general.--Whenever a military construction
privatization project is awarded, the chief officer for
installations and environment of the respective military
department and the commanding officer of the local military
installation shall hold a meeting with the local community to
communicate the following information:
''(A) The nature of the project.
''(B) Any contractual arrangements.
''(C) Potential liabilities to local construction
management companies and subcontractors.
''(2) Publication in federal register.--The requirement
under paragraph (1) may be met by publishing the information
described in such paragraph on the Federal Business
Opportunities (FedBizOpps) Internet website.
''(g) Required Qualifications.--The Secretary concerned shall
certify that the project owner, developer, or general contractor that
is selected for each military housing privatization initiative project
has construction experience commensurate with that required to complete
the project.
''(h) Required Bonding Levels.--
''(1) In general.--Except as provided in paragraph (2), the
Secretary concerned shall ensure that the project owner,
developer, or general contractor responsible for a military
housing privatization initiative project is fully bonded for
the project, including by obtaining payment and performance
bonds in an amount not less than 100 percent of the maximum
price allowable under the contract or agreement for the overall
project and each phase of the project.
''(2) Exceptions.--
''(A) Waiver.--The Deputy Under Secretary of
Defense for Installations and Environment may waive the
bonding requirement under paragraph (1) to permit a
bonding level as low as 50 percent. Notice of such
waiver shall be submitted to the congressional defense
committees, including the rationale for such lower
bonding level.
''(B) Alternative securities.--The Secretary
concerned may accept in lieu of the full bonding
required under paragraph (1) an alternative type of
security, including a corporate guarantee, if the
Secretary determines that such security meets or
exceeds the levels of coverage required under such
paragraph. Notice of such alternative security shall be
submitted to the congressional defense committees,
including the rationale for accepting such alternative
security.
''(i) Certifications Regrading Previous Bankruptcy Declarations.--
If a military department awards a contract or agreement for a military
housing privatization initiative project to a project owner, developer,
or general contractor that has previously declared bankruptcy, the
Secretary concerned shall specify in the notification to Congress of
the project award the extent to which the issues related to the
previous bankruptcy impact the ability of the project owner, developer,
or general contractor to complete the project.
''(j) Communication Regarding Poor Performance.--The Deputy Under
Secretary of Defense for Installations and Environment shall prescribe
regulations to provide for regular and appropriate communication
between representatives of the military departments and bondholders for
military housing privatization initiative projects to ensure timely
action to address inadequate performance in carrying out projects.
''(k) Reporting of Efforts To Select Successor in Event of
Default.--In the event a military housing privatization initiative
project enters into default, the chief officer for installations and
environment of the respective military department shall submit a report
to the congressional defense committees every 30 days detailing the
status of negotiations to award the project to a new project owner,
developer, or general contractor.
''(l) Effect of Unsatisfactory Performance Rating on Affiliated
Entities.--In the event the project owner, developer, or general
contractor for a military construction project receives an
unsatisfactory performance rating due to poor performance, each parent,
subsidiary, affiliate, or other controlling entity of such owner,
developer, or contractor shall also receive an unsatisfactory
performance rating.
''(m) Effect of Cure Notices on Contractors and Affiliated
Entities.--
''(1) In general.--The Deputy Under Secretary of Defense
for Installations and Environment shall keep a record of all
plans of action or cure notices issued to a project owner,
developer, or general contractor under subsection (b)(4),
including the identity of each parent, subsidiary, affiliate,
or other controlling entity of such owner, developer, or
contractor.
''(2) Consultation.--Each military department shall consult
the records maintained under paragraph (1) when reviewing the
past performance of owners, developers, and contractors in the
bidding process for a contract or other agreement for a
military housing privatization initiative project.
''(n) Annual Reports.--Each Secretary concerned shall submit to the
congressional defense committees an annual report outlining lessons
learned from the selection, approval, and implementation of military
housing privatization initiative projects by the respective military
department.''.
(b) Clerical Amendment.--The table of sections at the beginning of
such subchapter is amended by adding at the end the following new item:

''2885. Oversight and accountability for privatization projects.''.
answer:
Military Housing Privatization Initiatives Projects Oversight and Accountability Act of 2007 - Requires each military housing privatization initiative project to be carried out under a guaranteed maximum price contract (to be reviewed by an independent third party) and accompanied by a performance schedule. Requires each Secretary concerned to prescribe regulations for effective oversight and management of projects under the Secretary's jurisdiction.

Establishes requirements for: (1) combining projects in the event of termination of a lease or foreclosure on a project; (2) funding reserves; (3) sequestration and release of funds to be paid under a contract; (4) community meetings to convey project information; (5) certification of construction experience; (6) bonding levels; and (7) communication, review, and the effect of unsatisfactory performance or default (including the selection of a successor contractor).

Requires annual reports on lessons learned regarding the operation of military housing privatization initiative projects.