Fabio
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Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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| LegalText | 14 U.S.C. § 947 | Vessel construction bonding requirements | us | united_states_code | code_section | 14 | COAST GUARD | 9 | ADMINISTRATION | 947 | 14 U.S.C. § 947 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc14@119-100.zip | /us/usc/t14/s947 | data/legal/raw/us/code/title-14/usc14.xml | b6297101d637b7100ef99330bc60a80a60628ca2eb57246844c0b8be2c605083 | 0a287809467d795ac0e1a72d6743ea6b1d340c0f74c77c67bfeba10724006304 | 4325c646ba3ba426524565d5163bc913fa3369ee50ccd159575e66e0d523ccd2 | 2026-07-04 | official |
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14 U.S.C. § 947 - Vessel construction bonding requirements
Text
The Secretary or the Commandant may require bid, payment, performance, payment and performance, or completion bonds or other financial instruments from contractors for construction, alteration, repair, or maintenance of Coast Guard vessels if—
(1) the bond is required by law; or
(2) the Secretary or Commandant determines after investigation that the amount of the bond in excess of 20 percent of the value of the base contract quantity excluding options, would not prevent a responsible bidder or offeror from competing for award of the contract.
(Added Pub. L. 101–595, title III, § 306(a), Nov. 16, 1990, 104 Stat. 2985, § 667; renumbered § 947, Pub. L. 115–282, title I, § 107(b), Dec. 4, 2018, 132 Stat. 4205.)
Notes
Editorial Notes
Amendments2018—Pub. L. 115–282 renumbered section 667 of this title as this section.