§ 5102. Capital investment plan

• (a) Not later than 60 days after the date on which the President submits to Congress a budget pursuant to section 1105 of title 31 , the Commandant shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate a capital investment plan for the Coast Guard that identifies for each capital asset for which appropriations are proposed in that budget—
  • (1) the proposed appropriations included in the budget;
  • (2) the total estimated cost of completion based on the proposed appropriations included in the budget;
  • (3) projected funding levels for each fiscal year for the next 5 fiscal years or until project completion, whichever is earlier;
  • (4) an estimated completion date based on the proposed appropriations included in the budget;
  • (5) an acquisition program baseline, as applicable; and
  • (6) projected commissioning and decommissioning dates for each asset.
• (b) In the fiscal year following each fiscal year for which appropriations are enacted for a new capital asset, the report submitted under subsection (a) shall include—
  • (1) an estimated life-cycle cost estimate for the new capital asset;
  • (2) an assessment of the impact the new capital asset will have on—
    • (A) delivery dates for each capital asset;
    • (B) estimated completion dates for each capital asset;
    • (C) the total estimated cost to complete each capital asset; and
    • (D) other planned construction or improvement projects; and
  • (3) recommended funding levels for each capital asset necessary to meet the estimated completion dates and total estimated costs included in the such 1 1 So in original. asset’s approved acquisition program baseline.
• (c) In this section, the term “new capital asset” means—
  • (1) an acquisition program that does not have an approved acquisition program baseline; or
  • (2) the acquisition of a capital asset in excess of the number included in the approved acquisition program baseline.