Page:United States Statutes at Large Volume 68 Part 1.djvu/983

 68 S T A T. ]

PUBLIC LAW 7 0 3 - A U G. 30, 1954

951

inspections of, activities and studies of types specified in section 31 and of activities under licenses issued pursuant to sections 53, 63, 81,103, and 104, as may be necessary to effectuate the purposes of this Act, including section 105; and "q. make, promulgate, issue, rescind, and amend such rules and regulations as may be necessary to carry out the purposes of this Act. "SEC. 162. CONTRACTS.—The President may, in advance, exempt any specific action of the Commission in a particular matter from the provisions of law relating to contracts whenever he determines that such action is essential in the interest of the common defense and security. "SEC. 163. ADVISORY COMMITTEES.—The members of the General Advisory Committee established pursuant to section 26 and the members of advisory boards established pursuant to section 161 a. may serve as such without regard to the provisions of sections 281, 283, or 284 of Title 18 of the United States Code, except insofar as such " Stat. 697. sections may prohibit any such member from receiving compensation in respect of any particular matter which directly involves the Commission or in which the Commission is directly interested. "SEC. 164. ELECTRIC UTILITY CONTRACTS.—The Commission is authorized in connection with the construction or operation of the Oak Ridge, Paducah, and Portsmouth installations of the Commission, without regard to section 3679 of the Revised Statutes, as amended, ^^ ^ ^ ® * to enter into new contracts or modify or confirm existing contracts to provide for electric utility services for periods not exceeding twentyfive years, and such contracts shall be subject to termination by the Commission upon payment of cancellation costs as provided in such contracts, and any appropriation presently or hereafter made available to the Commission shall be available for the payment of such cancellation costs. Any such cancellation payments shall be taken into consideration in determination of the rate to be charged in the event the Commission or any other agency of the Federal Government shall purchase electric utility services from the contractor subsequent to the cancellation and during the life of the original contract. The authority of the Commission under this section to enter into new contracts or modify or confirm existing contracts to provide for electric utility services includes, in case such electric utility services are to be furnished to the Commission by the Tennessee Valley Authority, authority to contract with any person to furnish electric utility services to the Tennessee Valley Authority in replacement thereof. Any contract hereafter entered into by the Commission pursuant to this section shall be submitted to the Joint Committee and a period of thirty days shall elapse while Congress is in session (in computing such thirty days, there shall be excluded the days on which either House is not in session because of adjournment for more than three days) before the contract of the Commission shall become effective: Provided, however, That the Joint Committee, after having received the proposed contract, may by resolution in writing, waive the conditions of or all or any portion of such thirty-day period. "SEC. 165. CONTRACT PRACTICES.—

"a. I n carrying out the purposes of this Act the Commission shall not use the cost-plus-percentage-of-cost system of contracting. "b. No contract entered into under the authority of this Act shall provide, and no contract entered into under the authority of the Atomic Energy Act of 1946, as amended, shall be modified or amended 42 USC^is0 i after the date of enactment of this Act to provide, for direct payment note, or direct reimbursement by the Commission of any Federal income taxes on behalf of any contractor performing such contract for profit. "SEC. 166. COMPTROLLER GENERAL AUDIT.—No moneys appropriated

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