46 USC § 57513 - Minimum bid

---
identifier: "/us/usc/t46/s57513"
source: "usc"
legal_status: "official_legal_evidence"
title: "46 USC § 57513 - Minimum bid"
title_number: 46
title_name: "SHIPPING"
section_number: "57513"
section_name: "Minimum bid"
chapter_number: 575
chapter_name: "CONSTRUCTION, CHARTER, AND SALE OF VESSELS"
subchapter_number: "II"
subchapter_name: "CHARTERS"
part_number: "F"
part_name: "Government-Owned Merchant Vessels"
positive_law: true
currency: "119-84"
last_updated: "2026-03-26"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1666.)"
---


# § 57513. Minimum bid

section 57531 of this title

The Secretary of Transportation shall reject any bid for the charter under this subchapter of a vessel constructed under this subtitle or the Merchant Marine Act, 1936, if the charter hire offered is lower than the minimum charter hire would be if the vessel were chartered under .

---

**Source Credit**: (Pub. L. 109–304, § 8(c), Oct. 6, 2006, 120 Stat. 1666.)

| RevisedSection | Source (U.S. Code) | Source (Statutes at Large) |
| --- | --- | --- |
| 57513 | 46 App.:1196(b) (last sentence). | June 29, 1936, ch. 858, title VII, § 706(b) (last sentence), as added Aug. 4, 1939, ch. 417, § 11(b), 53 Stat. 1186; Pub. L. 97–31, § 12(108), Aug. 6, 1981, 95 Stat. 163. |

## Editorial Notes

### References in Text

The Merchant Marine Act, 1936, referred to in text, is , , which was classified principally to chapter 27 (§ 1101 et seq.) of the former Appendix to this title. The Act, with the exception of title V, most of title VI, and sections 301, 801, 802, 809(a), and 909 thereof, was repealed and restated, mainly in this subtitle, by , §§ 8, 19, , , 1710. Title V and sections 301 and 909 of the Act are set out as notes under . Those portions of title VI not repealed by  and sections 802 and 809(a) of the Act were repealed by , , . Section 801 of the Act was transferred to  by , , . For complete classification of the Act to the Code, see Tables. For disposition of sections of the former Appendix to Title 46, see Disposition Table preceding .