Page:United States Statutes at Large Volume 104 Part 1.djvu/348

 104 STAT. 314 PUBLIC LAW 101-332—JULY 16, 1990 31 USC 5112 SEC. 3. SOURCES OF BULLION. (a) GOLD.— The Secretary shall obtain gold for the coins minted under this Act pursuant to the authority of the Secretary under existing law. (b) SILVER.— The Secretary shall obtain silver for the coins minted under this Act from stockpiles established under the Strategic and Critical Minerals Stock Piling Act (50 U.S.C. 98 et seq.). 31 USC 5112 SEC. 4. SELECTION OF DESIGN. The design for each coin authorized by this Act shall be selected by the Secretary after consultation with the Mount Rushmore National Memorial Society of Black Hills (hereafter in this Act referred to as the "Society") and the United States Commission of Fine Arts. 31 USC 5112 SEC. 5. SALE OF COINS. (a) SALE PRICE. —Notwithstanding any other provision of law, the coins issued under this Act shall be sold by the Secretary at a price equal to the face value, plus the cost of designing and issuing such coins (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping). (b) BULK SALES.— The Secretary shall make bulk sales at a reasonable discount. (c) PREPAID ORDERS AT A DISCOUNT. —The Secretary shall accept prepaid orders for the coins prior to the issuance of such coins. Sales under this subsection shall be at a reasonable discount. (d) SURCHARGE REQUIRED.—Al l sales shall include a surcharge of $35 per coin for the five dollar coins, $7 per coin for the one dollar coins, and $1 for the half dollar coins. 31 USC 5112 SEC. 6. ISSUANCE OF THE COINS. (a) PERIOD FOR ISSUANCE.— The coins authorized under this Act shall be issued only during 1991. (b) PROOF AND UNCIRCULATED COINS. —The coins authorized under this Act shall be issued in uncirculated and proof qualities and not more than 1 facility of the Bureau of the Mint may be used to strike any particular combination of denomination and quality. 31 USC 5112 SEC. 7. GENERAL WAIVER OF PROCUREMENT REGULATIONS. No provision of law governing procurement or public contracts shall be applicable to the procurement of goods or services necessary for carrying out the provisions of this Act. Nothing in this section shall relieve any person entering into a contract under the authority of this Act from complying with any law relating to equal employ- ment opportunity. 31 USC 5112 SEC. 8. DISTRIBUTION OF SURCHARGES. Of the total surcharges received by the Secretary from the sale of the coins issued under this Act— (1) 50 percent shall be returned to the Federal Treasury for purposes of reducing the national debt; and (2) 50 percent shall be promptly paid by the Secretary to the Society to assist the Society's efforts to improve, enlarge, and renovate the Mount Rushmore National Memorial.

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