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46 U.S.C. § 57515

Awarding of charters

Ch. 575 — CONSTRUCTION, CHARTER, AND SALE OF VESSELS
Title 46 U.S.C. ● ACTIVE Primary Source Ch. 575
Statutory Text

46 U.S.C. § 57515 — Awarding of charters

U.S.C. Title 46 - SHIPPING 46 U.S.C. United States Code, 2023 Edition Title 46 - SHIPPING Subtitle V - Merchant Marine Part F - Government-Owned Merchant Vessels CHAPTER 575 - CONSTRUCTION, CHARTER, AND SALE OF VESSELS SUBCHAPTER II - CHARTERS Sec. 57515 - Awarding of charters From the U.S. Government Publishing Office, www.gpo.gov

§57515. Awarding of charters

(a) In General.—The Secretary of Transportation shall award the charter to the bidder proposing to pay the highest monthly charter hire. However, the Secretary may reject the highest or most advantageous or any other bid if the Secretary considers the charter hire offered too low or determines that the bidder lacks the qualifications required by section 57514 of this title. (b) Highest Bid Rejected.—If the Secretary rejects the highest bid, the Secretary may— (1) award the charter to the next highest bidder; or (2) reject all bids and either readvertise the line or operate the line until conditions appear more favorable to reoffer the line for private charter.

(c) Reason for Rejection.—On request of a bidder, the reason for rejection shall be stated in writing to the bidder.

(Pub. L. 109–304, §8(c), Oct. 6, 2006, 120 Stat. 1667.)

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large)

57515 46 App.:1196(b) (1st sentence related to authority). June 29, 1936, ch. 858, title VII, §§706(b) (1st sentence related to authority), 707, 49 Stat. 2009; Pub. L. 97–31, §12(108), (109), Aug. 6, 1981, 95 Stat. 163.

46 App.:1197.

In subsection (a), the words "if the Secretary considers the charter hire offered too low" are substituted for "if, in the Secretary's discretion, the charter hire offered is deemed too low" to eliminate unnecessary words. The words "lacks the qualifications required by section 57514 of this title" are substituted for "lacks sufficient capital, credit, or experience to operate successfully the line" to avoid repeating the qualifications in more than one place.

Source: uscode.house.gov — public domain Official Source ↗
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46 U.S.C. § 57515
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The statutory text of 46 U.S.C. § 57515 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 46 U.S.C. § 57514 46 U.S.C. § 57516 →
Ch. 575 — CONSTRUCTION, CHARTER, AND SALE OF VESSELS
46 U.S.C. § 5750146 U.S.C. § 5750246 U.S.C. § 5750346 U.S.C. § 5750446 U.S.C. § 5750546 U.S.C. § 5750646 U.S.C. § 5751146 U.S.C. § 5751246 U.S.C. § 5751346 U.S.C. § 5751446 U.S.C. § 5751546 U.S.C. § 5751646 U.S.C. § 5751746 U.S.C. § 5751846 U.S.C. § 5751946 U.S.C. § 5752046 U.S.C. § 5752146 U.S.C. § 5752246 U.S.C. § 5753146 U.S.C. § 5753246 U.S.C. § 57533
46 U.S.C. — public domain ← All Legislation
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