114 STAT. 1654A-416 PUBLIC LAW 106-398 —APPENDIX Subtitle B—Real Property and Facilities Administration SEC. 2811. INCREASE IN THRESHOLD FOR NOTICE AND WAIT REQUIRE- MENTS FOR REAL PROPERTY TRANSACTIONS. (a) INCREASED THRESHOLD.— Section 2662 of title 10, United States Code, is amended by striking "$200,000" each place it appears and inserting "$500,000". (b) REFERENCE TO SIMPLIFIED ACQUISITION THRESHOLD. —Subsection (b) of such section is amended by striking "under section 2304(g) of this title" and inserting "specified in section 4(11) of the Office of Federal Procurement Pohcy Act (41 U.S.C. 403(11)),". SEC. 2812. ENHANCEMENT OF AUTHORITY OF MILITARY DEPART- MENTS TO LEASE NON-EXCESS PROPERTY. (a) PROPERTY AVAILABLE FOR LEASE.— Subsection (a) of section 2667 of title 10, United States Code, is amended— (1) by inserting "and" at the end of paragraph (1); (2) by striking paragraph (2); and (3) by redesignating paragraph (3) as paragraph (2). (b) ACCEPTANCE OF IN-KIND CONSIDERATION.—Such section is further amended— (1) in subsection (b)(5)— (A) by striking "improvement, maintenance, protection, repair, or restoration," and inserting "alteration, repair, or improvement,"; and (B) by striking ", or of the entire unit or installation where a substantial part of it is leased,"; (2) by transferring subsection (c) to the end of the section and redesignating such subsection, as so transferred, as subsection (i); (3) by inserting after subsection (b) the following new subsection (c): "(c)(1) In addition to any in-kind consideration accepted under subsection (b)(5), in-kind consideration accepted with respect to a lease under this section may include the following: "(A) Maintenance, protection, alteration, repair, improvement, or restoration (including environmental restoration) of property or facilities under the control of the Secretary concerned. "(B) Construction of new facilities for the Secretary concerned. "(C) Provision of facilities for use by the Secretary concerned. "(D) Facilities operation support for the Secretary concerned. "(E) Provision of such other services relating to activities that will occur on the leased property as the Secretary concerned considers appropriate. "(2) In-kind consideration under paragraph (1) may be accepted at any property or facilities under the control of the Secretary concerned that are selected for that purpose by the Secretary concerned. "(3) Sections 2662 and 2802 of this title shall not apply to any new facilities whose construction is accepted as in-kind consideration under this subsection.
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