⚓Rescinding Maritime Regulations
Rescinding Regulations Providing Terms for Agency Agreements
Summary
MARAD is deleting 46 CFR parts 317, 324, 325, 326, 328, 329, 330, 332, 335, 336, 337, 338, and 339, which pertain to terms under agreements with agents. While MARAD is retaining its 46 CFR part 315 regulation addressing agency agreements and the appointment of agents, other regulations that simply provide static procedures to serve as terms of agreement are obsolete and are being rescinded because they are covered by clauses contained in the Federal Acquisition Regulation (FAR). In the more than 30 years since MARAD last updated its regulations, the development of its service agreements has benefited from the uniformity and transparency provided by FAR clauses, and MARAD has increased reliance on them.
Agencies
- Transportation Department
- Maritime Administration
Business Impact
$$ - Med
The content rescinds multiple MARAD regulations related to agency agreements, shifting reliance to FAR clauses, which benefits businesses by streamlining compliance and administrative procedures. This change encourages modern commercial practices and reduces regulatory burdens, thus having a positive impact on business operations.