46 U.S.C. § 57503 — Competitive bidding

submitted 20 years ago by Pub. L. 109-304 to r/title-46-SHIPPING · 89 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary can hire a private shipbuilder only after advertising the job and collecting sealed bids. Bids must open at the time and place the advertisement names, with press and public allowed to attend. The results of the bidding must be announced publicly.

(a) Advertisement and Bidding. The Secretary of Transportation may contract with a private shipbuilder to build a new vessel, or to reconstruct or recondition an existing one, only after advertising the job and collecting sealed competitive bids. (b) Opening of Bids. Bids must be opened at the time and place stated in the advertisement. Everyone interested, including reporters, must be allowed to attend. The Secretary must publicly announce the results of the bidding.

the actual law source: uscode.house.gov ↗public domain

(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.

Source credit: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1665.)

history & why it existsrecord from the source credit

2006Enacted · Pub. L. 109-304 · 120 Stat. 1665

A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-304 on 2006-10-06.

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