Document 44O7MgyO9djqqOa0qRb6XrzLQ

B0M24567 S6J 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 S.L.C. 164 "(V) has notified the appropriate committees of Congress not later than 15 days before making any commitment to provide Federal financial assistance to any covered entity; "(ii) the Maritime Administrator may not approve an application to incentivize qualified shipyard investments as described in subsection (a)(2) unless the Administrator"(I) confirms that the covered entity has received an incentive offered by a governmental entity to a covered entity for the purposes of supporting a qualified shipyard investment within that jurisdiction; "(II) ensures that the covered entity has an executable plan to sustain the facility without additional Federal financial assistance under this subsection for the facility; "(III) determines that the project to which the application relates is in the economic and national security interests of the United States; and OST-2025-1200 Page 00535 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012216 B0M24567 S6J 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 165 "(IV) receives detailed infonnation on- "(aa) the customers, or categories of customers, which the covered entity plans to serve; "(bb) the type of expenditures which the covered entity plans to make; and "(cc) the workforce positions that the covered entity plans to employ, including any required recruitment, training, and hiring; and "(iii) the Maritime Administrator may consider"(I) whether the covered entity has previously received financial assistance under this section; "(II) the price for the construetion or repair of a vessel that has been negotiated between a shipyard and proposed vessel purchaser, and whether the negotiated price is fair and reasonable; OST-2025-1200 Page 00536 Sierra Club v. Dept. of Transp. - 3:25-cv-06221 SC_EVERSPLIT0012217