Regulations last checked for updates: Feb 08, 2026

Title 46 - Shipping last revised: Jan 15, 2026
§ 315.7 - Transferred vessels and contracts.

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.

authority: 46 U.S.C. 57100
source: 90 FR 28026, July 1, 2025, unless otherwise noted.
cite as: 46 CFR 315.7