
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC270e]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
             CHAPTER 3--PUBLIC BUILDINGS AND WORKS GENERALLY
 
Sec. 270e. Waiver of sections 270a to 270d-1 with respect to 
        Army, Navy, Air Force, or Coast Guard contracts
        
    The Secretary of the Army, the Secretary of the Navy, the Secretary 
of the Air Force, or the Secretary of Transportation may waive sections 
270a to 270d-1 of this title with respect to cost-plus-a-fixed fee and 
other cost-type contracts for the construction, alteration, or repair of 
any public building or public work of the United States and with respect 
to contracts for the manufacturing, producing, furnishing, construction, 
alteration, repair, processing, or assembling of vessels, aircraft, 
munitions, materiel, or supplies of any kind or nature for the Army, 
Navy, Air Force, or Coast Guard, respectively, regardless of the terms 
of such contracts as to payment or title.

(Apr. 29, 1941, ch. 81, Sec. 1, 55 Stat. 147; June 3, 1955, ch. 129, 69 
Stat. 83; Pub. L. 89-670, Sec. 6(b)(1), Oct. 15, 1966, 80 Stat. 938.)


                               Amendments

    1955--Act June 3, 1955, authorized the Secretary of the Treasury to 
waive requirement of performance and payment bonds in connection with 
certain Coast Guard contracts, included the Secretary of the Air Force 
for purposes of clarification, made specific reference to cost-type 
contracts, and struck out proviso permitting bonds to be required for 
contracts which on Apr. 29, 1941, would have been subject to provisions 
of sections 270a to 270d of this title.

                          Transfer of Functions

    Coast Guard transferred to Department of Transportation, and all 
functions, powers, and duties relating to Coast Guard of Secretary of 
the Treasury and of other officers and offices of Department of the 
Treasury transferred to Secretary of Transportation by Pub. L. 89-670, 
Sec. 6(b)(1). Section 6(b)(2) of Pub. L. 89-670, however, provided that 
notwithstanding such transfer of functions, Coast Guard shall operate as 
part of Navy in time of war or when President directs as provided in 
section 3 of Title 14, Coast Guard. See section 108 of Title 49, 
Transportation.

                  Section Referred to in Other Sections

    This section is referred to in title 10 section 2701; title 39 
section 410; title 42 section 9619.
