2016 US Code
Title 46 - Shipping
Subtitle V - Merchant Marine
Part F - Government-Owned Merchant Vessels
Chapter 575 - Construction, Charter, and Sale of Vessels
Subchapter I - General
Sec. 57503 - Competitive bidding
| 46 U.S.C. § 57503 (2016) | |||||||||
| §57503. Competitive bidding | |||||||||
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(a) Advertisement and Bidding.—The Secretary of Transportation may make a contract with a private shipbuilder for the construction of a new vessel, or for the reconstruction or reconditioning of an existing vessel, only after due advertisement and upon sealed competitive bids. (b) Opening of Bids.—Bids required under this section shall be opened at the time and place stated in the advertisement for bids. All interested persons, including representatives of the press, shall be permitted to attend. The results of the bidding shall be publicly announced. |
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(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1665.) |
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In subsection (b), the words "Bids required under this section" are substituted for "All bids required by the Secretary of Transportation for the construction, reconstruction, or reconditioning of vessels" to eliminate unnecessary words. The word "hour" is omitted as covered by "time". |
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| United States Code, 2012 Edition, Supplement 4, Title 46 - SHIPPING | |||||||||
| Bills and Statutes | |||||||||
| United States Code | |||||||||
| Y 1.2/5: | |||||||||
| Title 46 - SHIPPING Subtitle V - Merchant Marine Part F - Government-Owned Merchant Vessels CHAPTER 575 - CONSTRUCTION, CHARTER, AND SALE OF VESSELS SUBCHAPTER I - GENERAL Sec. 57503 - Competitive bidding |
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| section 57503 | |||||||||
| 2016 | |||||||||
| January 6, 2017 | |||||||||
| Yes | |||||||||
| standard | |||||||||
| 49 Stat. 2008 95 Stat. 163 120 Stat. 1665 |
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| Public Law 97-31, Public Law 109-304 |
