63 STAT.]
81ST CONG., 1ST SESS.-CH. 393-AUG. 4 , 1949
within twenty days of payment shall report to the Congress setting
forth the nature of the claim, the vessel involved, the amount paid with
respect thereto, the basis of the determination, compromise, or settle-
ment, and other pertinent facts. The Secretary of the Treasury shall
report to the Congress, at each session thereof, all claims which have
been paid under this section. During any war the reports required
under this section may omit any fact or facts disclosure of which, in
the opinion of the Secretary, would be prejudicial to the national
security.
§ 647. Claims for damage to property of the United States
(a) The Secretary of the Treasury may consider, ascertain, adjust,
determine, compromise, or settle claims for damage cognizable in
admiralty in a district court of the United States and all claims for
damage caused by a vessel or floating object, to property of the United
States under the jurisdiction of the Coast Guard or property for
which the Coast Guard may have assumed, by contract or otherwise,
any obligation to respond for damage thereto. The Secretary of the
Treasury is further authorized to receive in payment of any such
claim the amount due the United States pursuant to determination,
compromise, or settlement as herein authorized and, upon acceptance
of such payment but not until then, such determination, settlement,
or compromise of such claim shall be final and conclusive for all pur-
poses, any law to the contrary notwithstanding. All such payments
shall be covered into the Treasury of the United States as mlscella-
neous receipts. The Secretary of the Treasury is further authorized
to execute on behalf of the United States and to deliver in exchange
for such payment a full release of such claim. This section, as respects
the determination, compromise, settlement, and payment of claims,
shall be supplementary to, and not in lieu of, all other provisions of
law authorizing the determination, compromise, or settlement of claims
for damage to property hereinabove described. No settlement or
compromise where there is involved a payment in the net amount of
over $25,000 is authorized by this title.
(b) Within twenty days after receipt of a payment in a net amount
exceeding $3,000 due the United States pursuant to determination,
compromise, or settlement of any claim under this section, the Secre-
tary of the Treasury shall report to the Congress setting forth the
nature of the claim; the vessel or vessels involved; the amount received;
the basis of determination, compromise, or settlement; and other
pertinent facts. During any war the reports required under this sec-
tion may omit any fact or facts, disclosure of which, in the opinion of
the Secretary, would be prejudicial to the national security.
§ 648. Accounting for industrial work
The Secretary may prescribe regulations governing accounting for
industrial work, including charges for overhead for civilian labor and
for maintenance of industrial plant and equipment, performed at
the Coast Guard Yard or such similar Coast Guard industrial estab-
lishments as he may designate. Any orders placed for such industrial
work shall be covered by a transfer or advance of funds to cover the
estimated cost thereof, and shall be credited to such accounts as may
be necessary and established by the Secretary to carry out the pro-
visions of this section. Accounts so established shall be available for
materials, supplies, or equipment, and civilian labor, including over-
head and maintenance, required in performing the work ordered.
Upon completion of an order an adjustment will be made to make the
amount transferred or advanced equal to the actual cost as computed
549
Report to Congress.
�
