Operating Differential Subsidy Buy-out: Hearing Before the Subcommittee on Merchant Marine of the Committee on Commerce, Science, and Transportation, United States Senate, Ninety-eighth Congress, Second Session ... June 28, 1984 |
Other editions - View all
Common terms and phrases
AFL-CIO American Merchant Marine application appropriation benefits BOB KASTEN BROWN buy-out guidelines buy-out payments buy-out proposal CALHOON carriers Chairman committee companies competitive Congress contract authority contractor cost Crowley Maritime Crowley's Crowley/Delta Delta and Lykes diesel DROZAK exclusively domestic Federal fiscal foreign trade Frank Drozak KURRUS legislative liner Lykes Bros MarAd MarAd's ODS Maritime Administration maritime labor Maritime Subsidy Board ment Merchant Marine Act million National Maritime Union net present value ODS buy ODS buy-out concept ODS buy-out program ODS buy-out scheme ODS contract amendment ODS obligations ODS operators ODS payments ODS program ODS termination agreement Operating Differential Subsidy operating-differential subsidy opposed paid pension present value question reengining reprogramming request Sea-Land seamen Senator INOUYE Senator STEVENS ships statement subcommittee subsidized lines subsidized operators subsidy ODS Thank tion trade routes U.S. flag U.S. Government U.S. Lines U.S.-flag vessels United States Lines unsubsidized
Popular passages
Page 51 - ... capable of serving as a naval and military auxiliary in time of war or national emergency...
Page 25 - No contract or purchase on behalf of the United States shall be made, unless the same is authorized by law or is under an appropriation adequate to its...
Page 25 - Columbia government may not — (A) make or authorize an expenditure or obligation exceeding an amount available in an appropriation or fund for the expenditure or obligation; or (B) involve either government in a contract or obligation for the payment of money before an appropriation is made unless authorized by law.
Page 27 - The Commission may enter into such contracts, upon behalf of the United States, and may make such disbursements as may, in its discretion, be necessary to carry on the activities authorized by this Act, or to protect, preserve, or improve the collateral held by the Commission to secure indebtedness, in the same manner that a private corporation may contract within the scope of the authority conferred by its charter.
Page 38 - Mr. Chairman, that concludes my prepared statement I would be happy to answer any questions at this time.
Page 25 - Act shall be applied only to the objects for which the appropriations were made except as otherwise provided by law.
Page 25 - If there are any questions about our program, we will be pleased to respond as well as provide additional information as you require.
Page 29 - WORK FOR WHICH THIS APPROPRIATION IS MADE, AND IN SUCH CASES THE SUMS SO TRANSFERRED MAY BE MERGED WITH THE APPROPRIATION TO WHICH TRANSFERRED: 31 USC 1532 31 USC 1532 permits the transfer of appropriated funds from one account to another or to a working fund only when authorized by law.
Page 27 - Commission, and upon the date of such withdrawal the further payment of the operating-differential subsidy shall cease and the contractor be discharged from any further obligation under such contract...
Page 28 - As. in making the original contracts, he must agree upon the compensation to be made for their entire performance, it would seem that when those contracts are suspended by him, he must, be equally authorized to agree upon the compensation for their partial performance.