Code of Federal Regulations · Section
§ 315.7 — Transferred Vessels And Contracts
46 C.F.R. § 315.7
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The eligibility requirements of section 315.5(a) do not apply to a contractor managing vessels owned by the United States under a contract or contracts previously awarded by another federal agency if the contract, and the vessels managed under such contract, are subsequently transferred to MARAD, provided the period of performance of the transferred contract does not exceed the period of performance of the original contract, including options.
Authorizing Statute
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Limitations40 U.S.C. § 113
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National Defense Reserve Fleet46 U.S.C. § 57100
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Maritime Administration49 U.S.C. § 109
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General powers49 U.S.C. § 322