The National Park System Long-Term Lease Investment Act would allow the Secretary of the Interior to extend existing leases within National Park System units without requiring competitive bidding. Under the bill, leases that have been in effect for at least five years can be extended if the current leaseholder is in good standing and the Secretary determines the extension serves the park's interests. The bill would exempt these lease extensions from standard federal bidding requirements that normally apply to new or renewed government contracts. The Secretary would have 90 days after the bill becomes law to update park regulations to implement this authority. The legislation affects businesses and operators with long-term concessions in national parks, such as lodging, food service, and recreational facilities.
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