§ 3501. Multiyear contracts for acquisition of property: authority; definitions

That the use of such a contract will result in significant savings of the total anticipated costs of carrying out the program through annual contracts.

That the minimum need for the property to be purchased is expected to remain substantially unchanged during the contemplated contract period in terms of production rate, procurement rate, and total quantities.

That there is a reasonable expectation that throughout the contemplated contract period the head of the agency will request funding for the contract at the level required to avoid contract cancellation.

That there is a stable design for the property to be acquired and that the technical risks associated with such property are not excessive.

That the estimates of both the cost of the contract and the anticipated cost avoidance through the use of a multiyear contract are realistic.

In the case of a purchase by the Department of Defense, that the use of such a contract will promote the national security of the United States.

In the case of a contract in an amount equal to or greater than $500,000,000, that the conditions required by paragraphs (3) through (6) of section 3507(c) of this title will be met, in accordance with the Secretary’s certification and determination under such subsection, by such contract.