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Code · U.S. Code · Title 46 - SHIPPING · CHAPTER 575— CONSTRUCTION, CHARTER, AND SALE OF VESSELS · SUBCHAPTER II— CHARTERS · § 57515

§ 57515. Awarding of charters

213 words·~1 min read·/usc/title-46/section-57515

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(a)In General.— The Secretary of Transportation shall award the charter to the bidder proposing to pay the highest monthly charter hire. However, the Secretary may reject the highest or most advantageous or any other bid if the Secretary considers the charter hire offered too low or determines that the bidder lacks the qualifications required by section 57514 of this title.
(b)Highest Bid Rejected.— If the Secretary rejects the highest bid, the Secretary may—
(1)award the charter to the next highest bidder; or
(2)reject all bids and either readvertise the line or operate the line until conditions appear more favorable to reoffer the line for private charter.
(c)Reason for Rejection.— On request of a bidder, the reason for rejection shall be stated in writing to the bidder.
(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1667.)
In subsection (a), the words “if the Secretary considers the charter hire offered too low” are substituted for “if, in the Secretary’s discretion, the charter hire offered is deemed too low” to eliminate unnecessary words. The words “lacks the qualifications required by section 57514 of this title” are substituted for “lacks sufficient capital, credit, or experience to operate successfully the line” to avoid repeating the qualifications in more than one place.
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  • Pub. L. 109–304, § 8(c)
  • 120 Stat. 1667
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§ 57515
Awarding of charters
Pub. L.Pub. L. 109–304, § 8(c)
Stat.120 Stat. 1667
Cites 3Cited by 0 across 0 sources
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