Title 10 › Subtitle C — Navy and Marine Corps › PART IV — GENERAL ADMINISTRATION › CHAPTER 863 — NAVAL VESSELS › § 8675
The Secretary of the Navy must have every vessel removed from the Naval Vessel Register under section 8674 appraised. If the Secretary decides a sale is in the national interest, the Secretary may sell the vessel under rules the Secretary creates. A vessel not covered by another law can be sold either by public sale to the highest acceptable bidder after at least 30 days of public advertising, even if the bid is below the appraisal, or by competitive negotiation to the acceptable offeror whose proposal is most advantageous to the United States (price and other factors). Before negotiating, the Secretary must publish notice in the Commerce Business Daily so interested parties can prepare proposals and allow promising offerors to join negotiations. This does not apply to vessels being disposed of under subtitle I of title 40 and division C (except sections 3302, 3501(b), 3509, 3906, 4710, and 4711) of subtitle I of title 41.
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Armed Forces, Source: USLM XML via OLRC
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Citation
10 U.S.C. § 8675
Title 10, Armed Forces
Last Updated
Sep 22, 2026
Release point: 119-110