14-U.S.C.-667

§667 – Vessel Construction Bonding Requirements

Pathway

Title 14 > Part I > Chapter 17 > Section 667

Details

• Reference: Section 667
• Legend: §667 – Vessel Construction Bonding Requirements
• USCode Year: 2013

Provision Content

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.)

U.S. Encyclopedia of Law Coverage

14-U.S.C.-649 in the Legal Encyclopedia: Coast Guard

In this entry about 14-U.S.C.-649, find legal reference material, bibliographies and premiere content related to coast guard in the American Encyclopedia of Law, presenting a comprehensive view of the United States coast guard-specific issues, written by authorities in the field.

14-U.S.C.-663 in the Legal Encyclopedia: Regular Coast Guard

In this entry about 14-U.S.C.-663, find legal reference material, bibliographies and premiere content related to regular coast guard in the American Encyclopedia of Law, presenting a comprehensive view of the United States regular coast guard-specific issues, written by authorities in the field.

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