Page:United States Statutes at Large Volume 110 Part 1.djvu/233

 PUBLIC LAW 104-106—FEB. 10, 1996 110 STAT. 209 that more submarines should be built before the design of the new class of submarines is fixed, in which case each such additional submarine shall be procured in the same manner as is required by subsection (b)(1); and (E) identify the impact of the submarine program described in paragraph (1) on the remainder of the appropriation account known as "Shipbuilding and Conversion, Navy", as such impact relates to— (i) force structure levels required by the October 1993 Department of Defense report entitled "Report on the Bottom-Up Review"; (ii) force structure levels required by the 1995 report on the Surface Ship Combatant Study that was carried out for the Department of Defense; and (iii) the funding requirements for submarine construction, as a percentage of the total ship construction account, for each fiscal year throughout the FYDP. (4) As part of such plan, the Secretary shall provide— (A) cost estimates and schedules for developing new technologies that may be used to make submarines more capable and more affordable; and (B) an analysis of significant risks associated with fielding the new technologies on the schedule proposed by the Secretary and significant increased risks that are likely to be incurred by accelerating that schedule. (d) STREAMLINED ACQUISITION PROCESS. —The Secretary of Defense shall prescribe and use streamlined acquisition policies and procedures to reduce the cost and increase the efficiency of the submarine program under this section. (e) ANNUAL REVISIONS TO PLAN.— The Secretary shall submit to the Committee on Armed Services of the Senate and the Committee on National Security of the House of Representatives an annual update to the plan required to be submitted under subsection (b). Each such update shall be submitted concurrent with the President's budget submission to Congress for each of fiscal years 1998 through 2002. (f) SPECIAL SUBMARINE REVIEW PANEL. —(1) The plan under subsection (c) and each annual update under subsection (e) shall be reviewed by a special bipartisan congressional panel working with the Navy. The panel shall consist of three members of the Committee on Armed Services of the Senate, who shall be designated by the chairman of that committee, and three members of the Committee on National Security of the House of Representatives, who shall be designated by the chairman of that committee. The members of the panel shall be briefed by the Secretary of the Navy on the status of the submarine modernization program and the status of submarine-related research and development under this section. (2) Not later than May 1 of each year, the panel shall report Reports. to the Committee on Armed Services of the Senate and the Committee on National Security of the House of Representatives on the panel's findings and recommendations regarding the progress of the Secretary in procuring a more capable, less expensive submarine. The panel may recommend any funding adjustments it believes appropriate to achieve this objective. (g) LINKAGE OF FISCAL YEAR 1998 AND 1999 SUBMARINES.— Funds referred to in subsection (a)(1)(B) that are available for

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