Commercial Port of Guam. Notwithstanding the provisions of § 5403 (Allocation of Proceeds from Sale or Disposal of Surplus Supplies), when the Jose D. Leon Guerrero Commercial Port of Guam engages in disposing of excess or surplus supplies and equipment that were purchased with funds generated from rates, tariffs, or other sources of the Jose D. Leon Guerrero Commercial Port of Guam and not from the General Fund, ninety percent (90%) of the total proceeds from the sale, lease or disposal shall revert to the Jose D. Leon Guerrero Commercial Port of Guam and the remaining ten percent (10%) of the total proceeds shall be deposited into the Guam Procurement Advisory Council Support Fund, and shall be administered in accordance with § 5906 of this Chapter. The Jose D. Leon Guerrero Commercial Port of Guam shall not transfer, sell, trade- in, or otherwise dispose of supplies and equipment owned by the Jose D. Leon Guerrero Commercial Port of Guam without the authorization of the Jose D. Leon Guerrero Commercial Port’s Board of Directors. SOURCE: Added by P.L. 32-081:2 (Nov. 27, 2013). 2025 NOTE: Reference to the “Port Authority of Guam” replaced with the “Jose D. Leon Guerrero Commercial Port of Guam” pursuant to 1 GCA § 835.
COL 2026-04-23
ARTICLE 9 LEGAL AND CONTRACTUAL REMEDIES
Subarticle A Pre-Litigation Resolution of Controversies Subarticle B Solicitations or Awards in Violation of Law Subarticle C Interest Subarticle D Waiver of Sovereign Immunity; Limitations on Actions Subarticle E Procurement Data
SUBARTICLE A PRE-LITIGATION RESOLUTION OF CONTROVERSIES