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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 46 U.S.C. § 57503 Competitive bidding us united_states_code code_section 46 SHIPPING 575 CONSTRUCTION, CHARTER, AND SALE OF VESSELS 57503 46 U.S.C. § 57503 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc46@119-100.zip /us/usc/t46/s57503 data/legal/raw/us/code/title-46/usc46.xml ef093d516edce9e2cc951e57c193f63a1040f4f5a9d53245ce99b0f8a4b8c7fb eb1331aa3c08ed87231a3606d86b30d1b5942cdf8542f6a3df8ac1d66e86057f 94e193e450398c308493328c9e662340851c3a7e4ea7dbee3aaf40e156ef2ad0 2026-07-04 official
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46 U.S.C. § 57503 - Competitive bidding

Text

(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.

(Pub. L. 109304, § 8(c), Oct. 6, 2006, 120 Stat. 1665.)

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 57503(a)46 App.:1193(a).June 29, 1936, ch. 858, title VII, § 703(a), (c) (related to construction, reconstruction, or reconditioning), 49 Stat. 2008; Pub. L. 9731, § 12(105), Aug. 6, 1981, 95 Stat. 163. 57503(b)46 App.:1193(c) (related to construction, reconstruction, or reconditioning). 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”.