; and (B) the Secretary shall, upon receipt of the request submitted under subparagraph (A), immediately issue a waiver to the institution for a period beginning on the date on which the waiver is issued and ending on the earlier of— (i) the date that is 1 year after the date of enactment of the DETERRENT Act ; or (ii) the date on which the contract terminates. (2) Renewal An institution that has entered into a contract described in paragraph (1), the term of which is longer than the waiver period described in subparagraph (B) of such paragraph and the terms and conditions of which remain the same as the contract submitted as part of the request required under subparagraph (A) of such paragraph, may submit a request for renewal of the waiver issued under such paragraph in accordance with subsection (b)(1)(B). (e) Contract defined The term contract has the meaning given such term in section 117(g). . (c) Interagency information sharing Not later than 90 days after the date of the enactment of this Act, the Secretary of Education shall transmit to the heads of each agency and department listed in section 117(e) of the Higher Education Act of 1965, as amended by this Act— (1) any report received by the Department of Education under section 117 of the Higher Education Act of 1965 ( 20 U.S.C. 1011f ) prior to the date of the enactment of this Act; and (2) any report, document, or other record generated by the Department of Education in the course of an investigation— (A) of an institution with respect to the compliance of such institution with such section