50a U.S. Code Rule - Repealed.
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Section 2391, act Aug. 20, 1954, ch. 777, § 2,68 Stat. 754, set out purpose of Act as providing for the immediate improvement of merchant vessels in reserve fleet under jurisdiction of Secretary of Commerce, thereby stimulating shipbuilding and ship repair industries of Nation.
Section 2392, act Aug. 20, 1954, ch. 777, § 3,68 Stat. 754, directed Secretary of Commerce, after consultation with Secretary of Defense, to formulate and carry out a modernization program for merchant vessels in national defense reserve under jurisdiction of Secretary of Commerce.
Section 2393, acts Aug. 20, 1954, ch. 777, § 4,68 Stat. 754; Aug. 6, 1956, ch. 1012, 70 Stat. 1067, directed Secretary of Commerce to contract before July 1, 1958, for repair and modernization of vessels after inviting single bids or split bids or both and specified that expenditures not exceed $25,000,000, that contracts be with private shipbuilding or ship repair yards in the United States, and that contracts conform to the Federal Property and Administrative Services Act of 1949 (see chapters 1 to 11 of Title 40, Public Buildings, Property, and Works, and division C (except sections 3302, 3307(e), 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of Title 41, Public Contracts).