§ 3808. Certain Navy contracts
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/usc/title-10/section-3808A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Repair, Maintenance, or Overhaul of Naval Vessels: Rate for Progress Payments.— The Secretary of the Navy shall provide that the rate for progress payments on any contract awarded by the Secretary for repair, maintenance, or overhaul of a naval vessel shall be not less than—
(1)95 percent, in the case of a firm considered to be a small business; and
(2)90 percent, in the case of any other firm.
(b)Authority to Advance Funds for Immediate Salvage Operations.— The Secretary of the Navy may advance to private salvage companies such funds as the Secretary considers necessary to provide for the immediate financing of salvage operations. Advances under this subsection shall be made on terms that the Secretary considers adequate for the protection of the United States.
(c)Security for Construction and Conversion of Naval Vessels.— The Secretary of the Navy shall provide, in each contract for construction or conversion of a naval vessel, that, when partial, progress, or other payments are made under such contract, the United States is secured by a lien upon work in progress and on property acquired for performance of the contract on account of all payments so made. The lien is paramount to all other liens.
(Added and amended Pub. L. 116–283, div. A, title XVIII, § 1834(a), (i)(1)–(4), as added and amended Pub. L. 117–81, div. A, title XVII, § 1701(n)(1)(B), (2), Dec. 27, 2021, 135 Stat. 2145.)
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26 references not yet in our index
- 135 Stat. 2145
- section 2307 of this title
- Pub. L. 103–355, title II, § 2001(g)
- 108 Stat. 3302
- Pub. L. 90–235, § 3(a)(2)
- 81 Stat. 757
- act Aug. 10, 1956, ch. 1041
- 70A Stat. 220
- Pub. L. 96–513, title II, § 214
- 94 Stat. 2885
- Pub. L. 93–558, § 1
- 88 Stat. 1793
- section 2 of Pub. L. 93–558
- Pub. L. 103–337, div. A, title XVI
- 108 Stat. 2963
- 70A Stat. 221
- Aug. 10, 1956, ch. 1041
- Pub. L. 95–485, title VIII, § 820(g)
- 92 Stat. 1627
- Pub. L. 96–513, title II, § 236
- 94 Stat. 2887
- Pub. L. 85–861, § 1(93)(A)
- 72 Stat. 1482
- Pub. L. 98–525, title V, § 528(b)
- 98 Stat. 2526
- Pub. L. 85–861, § 1(93)(B)
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§ 3808
Certain Navy contracts
U.S.C.×6
Pub. L.×1
Stat. Comp.×1
Stat.×1
Stat.135 Stat. 2145
Citesection 2307 of this title
Pub. L.Pub. L. 103–355, title II, § 2001(g)
Cites 35 · showing 12Cited by 9 across 4 sources