Page:United States Statutes at Large Volume 53 Part 2.djvu/763

 53 STAT.] 76TH CONG., 1ST SESS.-CHS. 510, 511 -AUG. 7, 1939 the bridge and its approaches under economical management, and to provide a sinking fund sufficient to amortize the cost of such bridge and its approaches, including interest at a rate of not to exceed 5 per centum per annum and reasonable financing cost as approved by the Commissioner of Public Roads, as soon as possible, under reason- able charges, but within a period of not to exceed twenty-five years from the completion thereof. After a sinking fund sufficient for such amortization shall have been so provided, such bridge shall thereafter be maintained and operated free of tolls. An accurate record of the cost of the bridge and its approaches, the expenditures for main- taining, repairing, and operating the same, and of the daily tolls collected shall be kept and shall be available for the information of all persons interested. SEC. 5. Notwithstanding any restrictions or limitations imposed by the Act entitled "An Act to provide that the United States shall aid the States in the construction of rural post roads, and for other purposes", approved July 11, 1916, or by the Federal Highway Act, or by an Act amendatory of, or supplemental to either thereof, the Secretary of Agriculture or any other Federal Department or agency of the United States Government may extend Federal aid under such Acts for the construction of said bridge out of any money allocated to the State of Missouri with the consent of the State highway commission of said State. SEC. 6. The right to alter, amend, or repeal this Act is hereby expressly reserved. Approved, August 7, 1939. [CHAPTER 511] AN ACT To facilitate certain construction work for the Army, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That to enable the Secretary of War to accomplish without delay or excessive cost those public-works projects for which appropriations are available or may become available, to be located in Alaska and the Panama Canal Zone, he is hereby authorized to enter into contracts upon a cost-plus- a-fixed-fee basis after such negotiations as he may authorize and approve and without advertising for proposals with reference thereto. Approval by the President shall be necessary to the validity of any contract entered into under authority of this section. The fixed fee to be paid the contractor as a result of any contract entered into under authority of this section shall be determined at or before the time such contract is made, and shall be set forth in such contract. Such fee shall not exceed 10 per centum of the estimated cost of the contract, exclusive of the fee, as determined by the Secretary of War. Changes in the amount of the fee shall be made only upon material changes in the scope of the work concerned as determined by the Secretary of War whose determination shall be conclusive. (b) Negotiations under this section shall be between the Secretary of War, or a duly authorized representative, and three or more repu- table and qualified contracting individuals, firms, or corporations regularly engaged in work of comparable magnitude and class to that contemplated by the negotiations, as determined by the Secre- tary of War, and contracts may be made with any such individual, firm, or corporation, or with any two or more of them jointly, upon such terms and conditions as the Secretary of War may determine to be fair and equitable and in the interests of the national defense. 1239 Maintenance as free bridgeafteramortizing costs, etc. Record of expendi- tures and receipts. Extension of Fed- eral aid. 39 Stat. 355; 42 Stat. 212. 23 U.S. C. chs. 1,2; Supp. IV, chs. 1, 2. Amendment. August 7, 1939 [8. 2.Mi2] [Public, No. 309] Army, construction work, Alaska and (anal Zone. (onltracts author- Ized on a cost-plus-a - fixed-fee basis. Approval by the President. Amount of fee. Limitation. Changes. Negotiations.

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