Regulations last checked for updates: May 02, 2025

Title 46 - Shipping last revised: Mar 17, 2025
§ 294.19 - Nature of award procedure.

TSP furthers a public purpose and MARAD does not acquire goods or services through TSP. Therefore, the selection process for awarding TSP Operating Agreements does not constitute an acquisition subject to procurement law or the Federal Acquisition Regulation.

authority: 46 U.S.C. chapter 534, 49 CFR 1.93
source: 87 FR 74981, Dec. 7, 2022, unless otherwise noted.
cite as: 46 CFR 294.19