Sec. 3. Audit of vessel disposal program

429 words·~2 min read·/bill/114/s/1511/is/section-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Not later than 270 days after the date of the enactment of this Act, the Comptroller General of the United States shall conduct and submit to the appropriate committees of Congress a full audit of all excess Federal Government vessel sales contracts, including resulting receivables and expenditures, entered into by the Maritime Administration in the period beginning January 1, 1994, and ending on the date of the enactment of this Act. The audit required by subsection

(a)shall review— receivables, by contract from award to contract close-out; where receivables were held or invested; expenditures and distributions, including recipients of grants under the National Maritime Heritage Grants Program since the date of the enactment of the National Maritime Heritage Act of 1994 ( Public Law 103–451 ); internal safeguards from waste, fraud, and abuse; and the status of any remaining unexpended funds; agency management of the sales program, including review of safeguards from fraud, waste, and abuse from initial offerings, to submission of bids, and through award to contract close-out and any resulting protest or litigation; contracts for the sale of excess Federal Government vessels that were awarded to bidders that were not the highest bidders and the financial impact of those awards on recipients of grants under the National Maritime Heritage Grants Program, including the State maritime academies, and the United States Merchant Marine Academy, and on the National Maritime Heritage Grant Program; and agreements the Maritime Administration has entered into with the Coast Guard, the Department of Defense, the General Services Administration, the Environmental Protection Agency, and other government agencies to dispose of excess Government vessels, including whether those agreements and agency policies are consistent with the Duncan Hunter National Defense Authorization Act for 2009 ( Public Law 110–417 ) and other relevant State and Federal laws. In this section: The term appropriate committees of Congress means the following: The Committee on Armed Services and the Committee on Commerce, Science, and Transportation of the Senate. The Committee on Armed Services, the Committee on Natural Resources, and the Committee on Transportation and Infrastructure of the House of Representatives. The term National Maritime Heritage Grants Program means the National Maritime Heritage Grants Program established pursuant to the National Maritime Heritage Act of 1994 ( Public Law 103–451 ; superseded by chapter 3087 of title 54, United States Code). The term State maritime academy has the meaning given that term in section 51102 of title 46, United States Code. The term Vessel Operations Revolving Fund means the Vessel Operations Revolving Fund established under section 50301 of title 46, United States Code.

Connections2 off-index

2 references not yet in our index

Pub. L. 103-451
Pub. L. 110-417

Citation graph

cites case law

Sec. 3

Audit of vessel disposal program

Pub. L.Pub. L. 103-451

Pub. L.Pub. L. 110-417

Cites 2Cited by 0 across 0 sources